New Braunfels Herald Zeitung (Newspaper) - August 20, 2011, New Braunfels, Texas
COMAL PREP TEAMS STAGE FOOTBALL SCRIMMAGES «;pnRT<; ir
h e r a I d - z e it On g. e o m
SERVING NEW BRAUNFELS SINGE 1852HEB buys NB Albertsons store
Texas grocery chain will close Walnut St. market
By will Wright
The Herald-Zeitung HEB announced Friday that it has purchased three Albertsons ^r(Kery stores, with f)lans tf) close* two i)f them, in( luding Albertsons'
lone Ifxation in New Braunfels.
HEB, the San Antonio-based grocer with 332 stores in Texas and Mexico, said il will close all three Allx'rtsons — in Colk'ge Station, Kerrville and the New Braun
fels store at 955 N. Walnut St. — in 0( tob(‘r. The company says it will convert the Allx'rtsons in Ker-rviile into that city^'s si^cond HEB.
l (Kally, 74 employee's will go th(' unemployment lines — unless
they finr) employment with another Albertsons l< k ation < >r with IIIB. The New Braunfels store, No. 4082, will close its ph.vrmacy 0|)er-ations around Sept. 8 and will shut down entirely as early as ()< t. 8.
"We view th('sc‘ a< (juisitions as an op[)ortunity to (‘xpand the retail experience in these com
munities and offer new jobs," saul Winell Herron, HI B's Vice President of l^jblic Affairs and Diversity.
Offic ials from both (ompani(‘s d(»clinf'd to divulge tin me ial details ot the trans.Ktion
See HEB, Page 5A
SHOPPERS TAKE ADVANTAGE OF TAX-FREE WEEKEND
Photos by LAURA MgKENZIE | Heralii Zeituiig
Rosemary Sanchez, iefl, looks at a T-shirt while shopping for back'lo-school clothes for her grandchildren Abby, 8, and Joshua, TO, on Friday at Walmart.
Bargains, no sales taxes lure shoppers to local merchants
Kaleb Nickels, 5, right, points to the animai^shaped erasers being held by his sister, Kaylee, 8, as they shop for school supplies Friday at Walmart.
By Betty Taytor
I he Herald-Zeitung
"We're late," said Allison Collins ot Seguin, as she shoppc'd for back-to-school suppliers with her childrcMi, third-grader Kaylee Nickels, 8, and kinckTgartner Kaleb Nickels, S. "Usually, I'm ahead of the g.ime."
Collins didn't realize it was tax-free weekend when she walked into Walmart on f-riday. She said Ijeing armt;d with that information as she checkc'd oft the supplies on the school list certainly helped.
Sherryl Woodward, grandmother of Kaylee* and Kaleb, came along to helf) antici[)ating shopping that would go beyond the list providc'd by the school.
"We will be shopping for clothc's and school supplies," said Sherryl WcK)dwar(f, grandmother to Kaylc'e and Kalc‘1), who came along to help out.
See SHOPPING. Page 5A
Recession fears resurface; market has losing week
NEW YORK (AP)
A growing l)elief that the U.S. economy may be ht‘aded toward recession gave Related the st(xk market its fourth straight wt^ek of losses.
■ Graphic shows how market fared. Page2A
Tlie anxiety in the market w'as ol)vious Friday as the major inciexes went from moderate gains early in
the day to another sharp loss.
The Dow font's industrial average had its 10th move of more than 1 points in 15 trading days.
"We just cion't know whether we're going to have a rect'ssion," said John Burke, head of Burke Financ ial Stratc»gieS.
There was little news to help investors determine their next
moves. However, IPMorgan Chase Si Co. jointni other financial firms and cut its forecast for c\.onomic growth during the fourth cjuarter. It's now predicting growth at annual rate of just 1 fXTCent, down from an earlier forecast of 2.5 |X‘rcent. That aiddc'ci to the recession fears.
Investors disliked the news late Tliursda)' that Hewlett-f^ckard Co. is
► FRIDAY A M.
Chase ends in arrest
Police: Events started in San Marcos, then spilled over to New Braunfels
By Datondo Moultrie
ieamvvork lu'Ipt'd Ir'ad lo the capture 1 rida\ ot a m<in who tric'd to drue ov( r another man ,ind led i >I1k (ms trom two ( ilies on a hunt and evenlu.il (h.ise, poluc said.
ihe ('Vi'nts started in San Mar( os and s[)ill('(l over into New Braiüití'ls, wivere the susp(‘ct crash(‘d his ( ar, ran awav and w.is c aptured, poiici' s»>id. Authorities Irom the San M.ircos .md Nev\ Brauntc'ls [X)Ikc department-' withheld iIh' mdn's name [H'nding Kirlh(>r invr'stigation.
About 10:5() a.m <t c hild in a taniiK sta\mg al a hotel at -LM 0 S I in S.m Mar cos looked out a v\indov\ and notucd something strange', said Sgt Dave Waugh ot San Marcos I’oIk Dc'oartmc'nl. He said th(> child told th(‘ parf'nts that sotiu'one was removing it('ms trom the' tamil\'s sport utility vehic le.
Ihe motlu'r called ¡voIk (' ,)nd the tathi'r v\t*nt -nit lo contront th(' miUi ste.iiing tin' Items, Waugh said, I le said as the lather appro.iclH'd, th(' man hopped in his ( ar and tric'd to s[)c'C'd aw.iv, inten tionally swt'rving In thf* tather's dirt't tion.
Th(' sus|u'Lt s u‘ I aw .n without hitting t le victin), Waugh said, aciding the vit. tim gave polic (' a good dc'scription ot th(' tar and
See CHASE, Page 3A
High: 103 Low: 77
planning to exit most ot its consumer businesses, including f’C s. Hf^ tcHl 20 [X'rcent to a six-year low, HP plans to transform itsc'lf into a comfxvny that caters to corix ¡rations.
After the market rose early, some investors sold in case bad news comc^s out of EurofH.' over the' wtvk* end. Europc'an banking sttxks fc'll near 2'/!'year lows.
Vof 1581 No 24?
2 sections, T6 pages
56825 00001 50 cents
íiéipfty Hour; Mon f ri 4 7
LiVt 1IAM riUVlAi lhwi»d^yi> «t Pmo for l#t,
2nd & 3rd plate!
^ IJVI.NU:sií: 240 s. Seguin Ave.
^ Wt-dncsdüv» 7-11 ».m. (8.M) 625-7791 s..'. ^ >1 . ^ NO CXIVÉR! 7"^w>iw,faiWllTimVIxölir^ ^ www.fau*ifcrfwmg.co
MW (RAtWfaS Tl
For breaking news, sports scores, weather, traffic and mid-day updates, follow us on Twitter ONewBraunfelsHZ
Learn what’s in tomorrow's paper, offer news tips, receive alerts. Become a New Braunfels Herald-Zeitung Facebook fan
Receive the Herald-Zeitung e-newsletter in your e-mail box each mbrning: herald-zeitung.com. Click 'Herajd-Zeitung Mailing List'