West Seattle, Washington
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I just heard from one of their employees that this place has sold out?!
Does anybody have any news to corroborate this? I’ve also heard that there have been a lot of firings there. Anyone?
The one on Queen Ann is going I would not be surprised to think this one is also.
Flagged to this thread.
Metropolitan Market (which is a chain, not just this one store) had some investment last year:
http://www.bizjournals.com/seattle/blog/2012/07/metropolitan-market-investor-no.html
That wasn’t a sale, though. It was for an expansion plan. (Added: this related announcement in August did suggest that another company now has a “majority equity share.” http://www.theshelbyreport.com/2012/08/20/metropolitan-market-joins-good-food-holdings/#.UTbd2Os6W18 )
I won’t be able to contact anyone to rumor-check until tomorrow, but if you have any specifics, you are welcome to e-mail: editor@westseattleblog.com.
thanks
Tracy
Any word?
Spoke with an employee there today who confirmed WSB’s information above. Just investment for future expansion.
what does “majority equity” mean?
http://www.investorwords.com/2921/majority_ownership.html
Yes, some firings have happened. I do not work there. I hope Tracy can find more out because some of it seems a bit overboard.