Skip navigation

A&P TO SELL EIGHT STORES TO GU FAMILY MARKETS

MONTVALE, N.J. -- A&P here said last week it has agreed to sell eight Super Foodmart stores in its New England division to GU Family Markets for an undisclosed amount. Once the sale has been finalized, A&P will have 16 stores in Connecticut and one in upstate New York that previously operated as part of its New England division. It said those 17 units will be consolidated into its New Jersey division.ted

MONTVALE, N.J. -- A&P here said last week it has agreed to sell eight Super Foodmart stores in its New England division to GU Family Markets for an undisclosed amount. Once the sale has been finalized, A&P will have 16 stores in Connecticut and one in upstate New York that previously operated as part of its New England division. It said those 17 units will be consolidated into its New Jersey division.

ted its assets in 2001; most of those stores were sold to other operators. GU operates 26 stores in Vermont, upstate New York and Pennsylvania with its own management team and is supplied by C&S.

The sale is subject to customary conditions and reviews.