AN IMPORTANT MESSAGE FROM PRESIDENT JOHN T. NICCOLLAI - 10-21-2020
WEDNESDAY, OCTOBER 21, 2020
KINGS BANKRUPTCY UPDATE
President Niccollai reported today that the Rumor Mill is running wild again, with stories being issued by uninformed sources that are undermining the workforce and the integrity of the Company. Let’s all take a few minutes, settle down and deal with the facts and not a Rumor Mill that’s always negative and hurtful.
First, ACME is the successful bidder for 27 stores and seeks to enhance the reputation of Kings and grow the business. (That’s very positive.)