MONTVALE, N.J. -- If successful, the divestitures planned by A&P here would create what Christian Haub, chairman and chief executive officer, called a "new A&P," with significantly reduced debt, plus the cash to accelerate store renovations into fresh market or discount concepts the company believes drive higher sales. A&P will retain 28 Sav-A-Center stores in New Orleans, which Haub said have a solid No. 2 market position there. A&P's strategy resembles a combination of ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.