Business Briefs

Reported by Star-Bulletin staff & wire

Monday, July 5, 1999

Sure Save evaluates which stores to close

The Big Island's Sure Save supermarket chain, which filed for bankruptcy last month, is restocking shelves at seven of its stores while considering the future of four outlets.

Sure Save President and CEO Carl Okuyama said over the weekend that the four stores being evaluated haven't been marked for closure. They are the Sure Save supermarkets in Captain Cook and on Kinoole Street in Hilo, and the Wiki Wiki Marts in Keaau and on Kawili Street in Hilo.

Sure Save listed debts of at least $10 million when it filed for Chapter 11 reorganization bankruptcy June 8. The company said later that it would close some stores.

Air Canada faces strike deadline

OTTAWA -- Air Canada's 5,100 flight attendants have rejected the airline's last contract offer and are prepared to go on strike this week if negotiations fail, union officials said today. The workers voted 89.2 percent to reject the company's last offer. The airline faces a strike deadline of midnight Wednesday. Air Canada said its planes will be grounded if there is a strike.

In other news . . .

SINGAPORE -- The Asia-Pacific region has the most automated teller machines in the world, according to Retail Banking Research in Britain. The Asia-Pacific had 275,007 ATMs as of 1998, 34.4 percent of the world's total; Western Europe was second with 218,394, or 27.2 percent; North America was third with 214,832, or 26.8 percent.

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