Wednesday, February 16, 2011

Wednesday Morning One Liners: A&P is closing 32 stores across six states

Yesterday, A&P announced they will be closing 32 stores across six states.   Supermarket News provides the full list of stores, not confirmed by the company.  They also announced six new VP's yesterday.
“While this was a very difficult decision that will unfortunately impact some of our customers, partners, communities and employees, these actions are absolutely necessary as we work to strengthen A&P’s operating foundation and improve our performance,” Sam Martin, chief executive officer of A&P, said in a statement.
Crain's NY: Bankrupt Grocer to Shutter 32 Stores.

More @ Asbury Park PressPhiladelphia Business Journal, Star-Ledger, Long Island Business News, Patch, NJ.com,

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