Monday, April 29, 2013
Shoppers will also be able to donate to the fund through an in-store fundraising campaign.
Shaw's and Star Market announced this week it will donate $100,000 to The One Fund Boston, the foundation collecting money to support victims of the April 15 Boston Marathon bombings. In a press release issued this week, the supermarket chain also announced it is launching an in-store fundraising campaign where customers can donate to The One Fund Boston. Shoppers will be able to contribute any amount to the fund during checkout and all proceeds will go directly to The One Fund. In addition, Shaw's and Star Market said it will match all shopper donations up to an additional $100,000, the press release said. “As an organization that has been part of the New England and Boston communities for over 150 years, we understand how this tragedy…
Friday, January 11, 2013
The owner of Shaw's and Star Market is selling stores to Cerberus Capital Management.
Shaw's and Star Market agreed to sell several stores to Cerberus Capital Management as part of $3.3 billion deal, according to a report in the Boston Globe Thursday. Cerberus Capital Management is a private equity firm that also controls Steward Hospital Health Care System. Supervalu Inc. of Minnesota owns Shaw's and Star Market and is expect to sell 169 stores as part of the deal for $100 million in cash, while Cerberus will assume $3.2 billion in existing debt the Globe reports. While the Boston Herald wrote "no immediate changes are planned for the West Bridgewater-based Shaw’s and Star Market grocery chains," the paper reported the deal "prompted speculation that some Shaw’s and Star Markets could return to the block after the deal …
Friday, November 2, 2012
Sources say 700 jobs are cut across a number of stores in New England.
Shaw's and Star Market are planning to make some cuts to their workforce in New England. The supermarket chains owned by Supervalu, Inc. are cutting 700 positions across 169 stores,according to an AP story on the Huffington Post. This follows a second-quarter loss for the company, which fired its CEO in July. See the full AP story on Huffington Post. About 90 of the employees have been informed of the decision, and a press release picked up on Daily Finance indicates the rest will be notified over the next several days. The company announced that the layoffs do not "impact SHAW'S overall commitment to the communities it serves." See the full press release on Daily Finance.
David Dallaire
2:05 pm on Sunday, January 13, 2013
Good riddens to them. I can get $90.00 worth of groceries at Market basket rather than $43.00 at Shaws. They are very expensive. The quality of their food is sub standard. I've bought three loaves of bread from the one in Stoughton, and two days later they are full of mold. God forbid you go to the deli and ask for something while the employees are talking about their personal lives. They are not… more ›