The Gristedes chain is worth about 0.1% of JPMorganChase, which is just one of 54 Fortune 500 companies based in New York. - ThreadSky

jonkimball.bsky.social • 2 days ago

The Gristedes chain is worth about 0.1% of JPMorganChase, which is just one of 54 Fortune 500 companies based in New York.

Reposted from New York Post

Billionaire John Catsimatidis threatens to close Gristedes chain if socialist Zohran Mamdani elected NYC mayor

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artbore.bsky.social•2 days ago

Also gotta say Gristedes fucking sucks. I hope they do close.

taciturnstile.bsky.social•2 days ago

Catsimitidis is a regular player in Republican party politics in the city. This could be a publicity stunt for getting into the mayor's race.

taciturnstile.bsky.social•2 days ago

Although the primary election is already under way, the Republicans have no mayoral candidate on their primary ballot. The presumption is that they will nominate Sliwa again, but ultimately they can nominate whoever they want.

taciturnstile.bsky.social•2 days ago

Catsimatidis*

jonkimball.bsky.social•2 days ago

Gristede’s would hardly make a dent if it left Raleigh, much less New York City.

jonkimball.bsky.social•2 days ago

Can’t stop thinking about how unimportant this chain is. There are 31 Gristede’s stores in the NYC metro area. That’s one store for every 645,000 people. Losing those 31 stores would be the same as the Raleigh metro losing a 3-store grocery chain. Three!

domomochi.bsky.social•2 days ago

Even Ctown is better than Gristede’s.

jonkimball.bsky.social•2 days ago

Ctown wins for dirtiest sounding name tho

jonkimball.bsky.social•2 days ago

Not comparing Gristedes to Wegman’s but I think if the only three Triangle Wegman’s stores closed, it wouldn’t exactly be a big deal for more than a week

adamsorber.bsky.social•1 day ago

As a displace NY'er who lives about a mile from the Wake Forest Wegmans, I would be personally destroyed, but I'm the anecdotal exception.

bromethazine.bsky.social•2 days ago

It’s also, far and away, the worst grocery chain in the city. People would be happier if they closed up

jonkimball.bsky.social•2 days ago

I know. It was the closest grocery to my apt on East 77th/Lex back in the 90s. I think I went once. It sucked.

bromethazine.bsky.social•2 days ago

You have my sympathies.

crayonlions.bsky.social•1 day ago

“Don’t make us pay our share!”, billionaires declaim.

arthurn.bsky.social•2 days ago

True, but I find JPMorganChase's fresh produce selection to be overpriced and inadequate.

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