Winnipesaukee Forum - View Single Post

michael c · 05-28-2009, 09:45 PM

[QUOTE=gus62; They are also in financial trouble with layoffs in their corporate offices and a pending major class action law suit over breach of credit card information. Insurance will only cover so much of this. The rest will have to be made up in prices to consumers to generate increased revenues.[/QUOTE]

Hannaford supermarkets is in NO WAY in financial trouble. They are one of the strongest chains in the world. The credit card thing was a pain in the butt but thats all. The feds knew about the credit card problem for 3 months before Hannafords announced the problem . The government and Hannafords were working together in order to catch these guys . Insurance will cover all of it .
They just ended their fiscal year and made just shy of 6 billion in profit last 12 months !
You call that being in financial trouble? I Wish I were as bad off !!

05-28-2009, 09:45 PM	#30
michael c Senior Member Join Date: Dec 2006 Posts: 94 Thanks: 0 Thanked 3 Times in 3 Posts	[QUOTE=gus62; They are also in financial trouble with layoffs in their corporate offices and a pending major class action law suit over breach of credit card information. Insurance will only cover so much of this. The rest will have to be made up in prices to consumers to generate increased revenues.[/QUOTE] Hannaford supermarkets is in NO WAY in financial trouble. They are one of the strongest chains in the world. The credit card thing was a pain in the butt but thats all. The feds knew about the credit card problem for 3 months before Hannafords announced the problem . The government and Hannafords were working together in order to catch these guys . Insurance will cover all of it . They just ended their fiscal year and made just shy of 6 billion in profit last 12 months ! You call that being in financial trouble? I Wish I were as bad off !! __________________ " Wisdom does not always come with age...sometimes age comes by itself ! "