Yes Mike,
I was with F.J. for 31 years. It was a great place to work back in the day.
Good money, benefits, paid vacations, plus other perks. Auto show tickets, ball game raffles, Christmas parties.
every five years of service, we were all treated to a nice supper club style awards dinner. A better gemstone pin each time. Borman's sold in 1988.
A&P continued the award pin program and gifts until about 2004.
The final nail in our coffin was crooked top management. My 18 stores mainly still had good inventories in 2006. Hourly employees took a dollar an hour cut with the promise of keeping their jobs.
The category buyers would order pallet upon pallet of whatever just because it was a deal. Then, starting in 2005, accounting loaded the bills for then into the 2006 fiscal period. Sort of like a lease pull ahead. Bad move. The New Orleans division accounting was being done here in Detroit until Katrina hit. I walked into the main office one Monday morning, and the entire first floor of cubicles were dark and empty. They were the first to be laid off.
Later that month, I attended a new hire training seminar lead by the short term president, Bahvdeep Singh. I asked him what was going on in Montvale, and if our division would survive. He offered no reply.
One day, he sent me an e-mail telling me to see that every store in my territory carried all varieties of Tofu. I replied, a few stores can sell it, but it is a low volume item in most. He then asked, what's the matter, you no like Tofu Mikee?
So with more Walmart stores opening up here, and the decline of the automotive suppliers, and sales, they decided Pathmark was a better bet. Most
likely just a scheme to set up for bankruptcy.