A&P May File Bankruptcy... Again!
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Re: A&P May File Bankruptcy... Again!
I wonder if Yucaipa Companies will also consider putting Fresh & Easy into bankruptcy?
Fresh & Easy continues in the red!
Fresh & Easy continues in the red!
Re: A&P May File Bankruptcy... Again!
It's official:
http://www.progressivegrocer.com/indust ... nkruptcy-0
"The company, which voluntarily filed for Chapter 11, intends to sell as many of its 296 stores it can, and currently has bidders lined up for 120 locations at a combined purchase price of about $600 million."
"In conjunction with the court-supervised sale process, A&P also said it "will close 25 stores in the near term due to lack of interest and significant ongoing store operating losses."
Sad but inevitable. RIP A&P.
http://www.progressivegrocer.com/indust ... nkruptcy-0
"The company, which voluntarily filed for Chapter 11, intends to sell as many of its 296 stores it can, and currently has bidders lined up for 120 locations at a combined purchase price of about $600 million."
"In conjunction with the court-supervised sale process, A&P also said it "will close 25 stores in the near term due to lack of interest and significant ongoing store operating losses."
Sad but inevitable. RIP A&P.
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Re: A&P May File Bankruptcy... Again!
So, no one has an opinion on what Yucaipa Cos. will do with Fresh & Easy?
Hmmmmm?
Hmmmmm?
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Re: A&P May File Bankruptcy... Again!
Also likely that many opening & reading a post about A&P are in their areas (Eastern US) and would not know much (if anything) about Fresh & Easy.
Now, the question is can Albertsons/Safeway corporate get the name/logos from A&P? After all after their recent merger they are the one company currently in the US that most resembles the old time A&P in terms of coverage of the country from Atlantic to Pacific! Not every state, but a good number of them and quite a range along both coasts.
Now, the question is can Albertsons/Safeway corporate get the name/logos from A&P? After all after their recent merger they are the one company currently in the US that most resembles the old time A&P in terms of coverage of the country from Atlantic to Pacific! Not every state, but a good number of them and quite a range along both coasts.