Friday, April 29, 2011

Acme cutting 900 part-time workers

Acme Markets said Thursday it will cut 900 part-time workers “to align its work force with sales volume.”

Malvern, Pa.-based Acme said the plan “does not change Acme’s overall commitment to the Delaware Valley,” where it is No. 1 with 18 percent of the market.

The division of Supervalu Inc. (NYSE:SVU) said “the least-senior employees” working between 12 and 16 hours a week are the most likely to lose jobs.

The job cuts are part of a larger plan that includes lower prices. Acme President Dan Sanders said, “Unfortunately, we have more associates than we need to serve our current level of sales, and we must take immediate action to change our business.” The company has 117 stores in Pennsylvania, New Jersey, Delaware and Maryland.

In recent months, the Philadelphia supermarket sector has seen a number of store closings and acquisitions. Analysts have forecast consolidation for the market.

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