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Kingswood Capital Management LP screws the American public at Lucky grocer’s pharmacies
Tell Alexander Wolf Of Kingswood Capital Management LP To Keep The Pharmacies Open At Lucky Grocers!
Kingswood Capital Management LP screws the American public at Lucky grocer’s pharmacies
By Lynda Carson - August 20, 2022
Oakland - In recent days it was reported that the pharmacies at Lucky grocers in Oakland, the Bay Area, and across the state are set to be closed around August 24, 2022. This will have an extreme negative impact upon tens of thousands of people who are dependent on getting their covid vaccinations, and medications such as insulin and other life saving drugs in a timely manor at their nearby Lucky grocers.
According to sources, Save Mart which owned Lucky grocers, was acquired by Kingswood Capital Management LP out of Los Angeles. Terms of the acquisition have not been released by the Kingswood Capital team of executives, including Alexander Wolf.
Kingswood Capital Management’s Alexander Wolf, (landline 424-744-8238) resides in an $11 million dollar palace in Pacific Palisades, CA. - And may be reached at email: awolf [at] kingswood-capital.com
Since the announcement last March of the acquisition of Save Mart by Kingswood Capital Management LP, the prices of groceries at Lucky’s continues to skyrocket to new all time highs.
According to the public records with the Secretary of State, KINGSWOOD CAPITAL MANAGEMENT, L.P. (201930800008), their status is listed as being active, and is listed as a corporation formed in Delaware, with their principal address located at 11812 SAN VICENTE BLVD STE 604 LOS ANGELES, CA 90049.
Unfortunately for many, Kingswood Capital Management LP, callously decided to close all the pharmacies at Lucky grocers, no matter how much of a hardship it may be to the patients in need of the life saving medications provided by the pharmacies that are facing closure.
Additionally, with the local CVS Pharmacy closures occurring in the Bay Area, and closures of Walgreen Pharmacies in the Bay Area, it makes matters much worse for those seeking to get their life saving medications and prescriptions on a day to day basis.
According to Kingwood Capital Management’s Alexander Wolf is: “Alex is Managing Partner and Founder of Kingswood. He oversees firm-wide management, the strategic direction of the firm and leads the firm’s investment team. Alex has been a private equity investor since 1997, having completed dozens of investments, with several billion dollars deployed across a wide range of industry sectors, including, software, media, telecommunications and technology, business services, gaming, manufacturing, upstream energy and energy services, paper and packaging, retail and consumer products. Alex has significant expertise in M&A, corporate strategy, turnarounds, restructuring and merger integration.”
Anyone who feels like contacting Alexander Wolf to tell him that he should keep the pharmacies open at Lucky grocers may contact Alexander at landline 424-744-8238, or email: awolf [at] kingswood-capital.com .
-Lynda Carson may be reached at newzland2 [at] gmail.com
>>>>>>>
By Lynda Carson - August 20, 2022
Oakland - In recent days it was reported that the pharmacies at Lucky grocers in Oakland, the Bay Area, and across the state are set to be closed around August 24, 2022. This will have an extreme negative impact upon tens of thousands of people who are dependent on getting their covid vaccinations, and medications such as insulin and other life saving drugs in a timely manor at their nearby Lucky grocers.
According to sources, Save Mart which owned Lucky grocers, was acquired by Kingswood Capital Management LP out of Los Angeles. Terms of the acquisition have not been released by the Kingswood Capital team of executives, including Alexander Wolf.
Kingswood Capital Management’s Alexander Wolf, (landline 424-744-8238) resides in an $11 million dollar palace in Pacific Palisades, CA. - And may be reached at email: awolf [at] kingswood-capital.com
Since the announcement last March of the acquisition of Save Mart by Kingswood Capital Management LP, the prices of groceries at Lucky’s continues to skyrocket to new all time highs.
According to the public records with the Secretary of State, KINGSWOOD CAPITAL MANAGEMENT, L.P. (201930800008), their status is listed as being active, and is listed as a corporation formed in Delaware, with their principal address located at 11812 SAN VICENTE BLVD STE 604 LOS ANGELES, CA 90049.
Unfortunately for many, Kingswood Capital Management LP, callously decided to close all the pharmacies at Lucky grocers, no matter how much of a hardship it may be to the patients in need of the life saving medications provided by the pharmacies that are facing closure.
Additionally, with the local CVS Pharmacy closures occurring in the Bay Area, and closures of Walgreen Pharmacies in the Bay Area, it makes matters much worse for those seeking to get their life saving medications and prescriptions on a day to day basis.
According to Kingwood Capital Management’s Alexander Wolf is: “Alex is Managing Partner and Founder of Kingswood. He oversees firm-wide management, the strategic direction of the firm and leads the firm’s investment team. Alex has been a private equity investor since 1997, having completed dozens of investments, with several billion dollars deployed across a wide range of industry sectors, including, software, media, telecommunications and technology, business services, gaming, manufacturing, upstream energy and energy services, paper and packaging, retail and consumer products. Alex has significant expertise in M&A, corporate strategy, turnarounds, restructuring and merger integration.”
Anyone who feels like contacting Alexander Wolf to tell him that he should keep the pharmacies open at Lucky grocers may contact Alexander at landline 424-744-8238, or email: awolf [at] kingswood-capital.com .
-Lynda Carson may be reached at newzland2 [at] gmail.com
>>>>>>>
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Kingswood Capital Management LP rips off union workers & sells pharmacy records
Since acquiring Save Mart, reportedly union workers have been bludgeoned by benefit cuts, additionally Kingswood Capital Management LP has been profiting by selling patient's personal pharmacy medical files as the pharmacy closures take place.
The closure of pharmacies belonging to Lucky's, CVS, Rite Aid, Walgreens, and Raleys, are harming the public's well being, and placing people at risk.
Meanwhile, where are the politicians and district attorneys who should be doing something to stop the negative harmful effects of pharmacy closures in the capitalist rip off system that has no safeguard or respect for the population at large?
(LC)
>>>>>>
>>>>>>
Save Mart retirees feel betrayed by sudden benefit cut
Marijke Rowland, The Modesto Bee
May 12, 2022 Updated May 12, 2022
When Save Mart ended 70 years of family ownership with the sale of the Modesto-built grocery chain in late March, its new management promised to keep the company's family feel.
But less than a month later, some of Save Mart's longest-serving employees are finding themselves suddenly outside of the family and losing a long-promised benefit in their golden years.
In late April, retired nonunion employees of The Save Mart Companies various brands, including the some 200 Save Mart, Lucky California and FoodMaxx stores across Northern California and Northern Nevada, received letters saying their supplemental health care benefits would stop at the end of June.
Click below for the full story…
https://www.uniondemocrat.com/news/article_2b8427b0-d226-11ec-843e-db6d68751e04.html
>>>>>>
>>>>>>
Rite Aid To Close 145 ‘Unprofitable’ Stores
https://www.forbes.com/sites/brucejapsen/2022/04/14/rite-aid-expects-more-closures-of-unprofitable-stores/?sh=4a1d18765855
>>>>>>
>>>>>>
Rite Aid is closing 63 stores, about 2% of its retail footprint
Rite Aid's store closure follows CVS Health's recent announcement of the shuttering of 900 stores over the next three years.
ByJordan Valinsky, CNN Business, CNNWire
Wednesday, December 22, 2021
https://abc30.com/rite-aid-store-closings-pharmacy-closures-cvs-closing/11369764/
>>>>>>
>>>>>>
Raley’s Shutters 27 Pharmacy Locations
https://www.delimarketnews.com/behind-counter/raleys-shutters-27-pharmacy-locations/kayla-webb/tue-10292019-0857/8705?page=9
>>>>>>
>>>>>>
Since acquiring Save Mart, reportedly union workers have been bludgeoned by benefit cuts, additionally Kingswood Capital Management LP has been profiting by selling patient's personal pharmacy medical files as the pharmacy closures take place.
The closure of pharmacies belonging to Lucky's, CVS, Rite Aid, Walgreens, and Raleys, are harming the public's well being, and placing people at risk.
Meanwhile, where are the politicians and district attorneys who should be doing something to stop the negative harmful effects of pharmacy closures in the capitalist rip off system that has no safeguard or respect for the population at large?
(LC)
>>>>>>
>>>>>>
Save Mart retirees feel betrayed by sudden benefit cut
Marijke Rowland, The Modesto Bee
May 12, 2022 Updated May 12, 2022
When Save Mart ended 70 years of family ownership with the sale of the Modesto-built grocery chain in late March, its new management promised to keep the company's family feel.
But less than a month later, some of Save Mart's longest-serving employees are finding themselves suddenly outside of the family and losing a long-promised benefit in their golden years.
In late April, retired nonunion employees of The Save Mart Companies various brands, including the some 200 Save Mart, Lucky California and FoodMaxx stores across Northern California and Northern Nevada, received letters saying their supplemental health care benefits would stop at the end of June.
Click below for the full story…
https://www.uniondemocrat.com/news/article_2b8427b0-d226-11ec-843e-db6d68751e04.html
>>>>>>
>>>>>>
Rite Aid To Close 145 ‘Unprofitable’ Stores
https://www.forbes.com/sites/brucejapsen/2022/04/14/rite-aid-expects-more-closures-of-unprofitable-stores/?sh=4a1d18765855
>>>>>>
>>>>>>
Rite Aid is closing 63 stores, about 2% of its retail footprint
Rite Aid's store closure follows CVS Health's recent announcement of the shuttering of 900 stores over the next three years.
ByJordan Valinsky, CNN Business, CNNWire
Wednesday, December 22, 2021
https://abc30.com/rite-aid-store-closings-pharmacy-closures-cvs-closing/11369764/
>>>>>>
>>>>>>
Raley’s Shutters 27 Pharmacy Locations
https://www.delimarketnews.com/behind-counter/raleys-shutters-27-pharmacy-locations/kayla-webb/tue-10292019-0857/8705?page=9
>>>>>>
>>>>>>
Kingswood Capital Management LP Pisses Me Off!
August 22, 2022
Here's what really pisses me off to no end.
If poor people raided and damaged all the pharmacies in Lucky stores in Oakland, the Bay Area, and across the state, resulting in their closures, Big Media would be all over the story screaming bloody murder.
The first thing they would do is to blame the poor homeless people in the Tenderloin for the pharmacy closures, and accuse them of stealing the medications being provided to the needy.
Then they would advocate that the poor people in the Tenderloin would need to be rounded up and arrested as a way "To Build A Better Bay Area."
The system would replace the old progressive District Attorney in San Francisco with a corrupt District Attorney in the pocket of Big Money, in an effort to get rid of the former progressive District Attorney.
And the new corrupt District Attorney would then proclaim that the old progressive laws needed to protect the poor from unnecessarily going to jail for petty crimes, would need to be immediately abolished.
Meanwhile, the real crooks from Kingswood Capital Management LP who are profiting by shutting down the pharmacies in Lucky grocers in Oakland, the Bay Area, and throughout California, while stealing the much needed pharmacy services from millions of desperate people, they are praised by Big Media, and the Wall Street Robber Barons for making millions in profits.
What a world.....
-Lynda Carson
>>>>>>>
August 22, 2022
Here's what really pisses me off to no end.
If poor people raided and damaged all the pharmacies in Lucky stores in Oakland, the Bay Area, and across the state, resulting in their closures, Big Media would be all over the story screaming bloody murder.
The first thing they would do is to blame the poor homeless people in the Tenderloin for the pharmacy closures, and accuse them of stealing the medications being provided to the needy.
Then they would advocate that the poor people in the Tenderloin would need to be rounded up and arrested as a way "To Build A Better Bay Area."
The system would replace the old progressive District Attorney in San Francisco with a corrupt District Attorney in the pocket of Big Money, in an effort to get rid of the former progressive District Attorney.
And the new corrupt District Attorney would then proclaim that the old progressive laws needed to protect the poor from unnecessarily going to jail for petty crimes, would need to be immediately abolished.
Meanwhile, the real crooks from Kingswood Capital Management LP who are profiting by shutting down the pharmacies in Lucky grocers in Oakland, the Bay Area, and throughout California, while stealing the much needed pharmacy services from millions of desperate people, they are praised by Big Media, and the Wall Street Robber Barons for making millions in profits.
What a world.....
-Lynda Carson
>>>>>>>
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