MONTVALE, N.J. — The previously reported property deal that A&P said would generate $130 million includes two Food Emporium leases to be sold to a private investment firm — and may be the only results of the retailer’s latest attempt to sell off the chain....More
It looks like 2013 could be a big year for mergers and acquisitions among strategic buyers and private investors, according to industry observers — due to an easing of credit markets and to the floodgates that will open once Supervalu completes the sale of the former Albertsons banners to a private equity consortium....More
NEW YORK — How much of The Food Emporium will remain in the supermarket business was in question last week as the process of selling A&P’s Manhattan-based chain neared its final stages....More
MONTVALE, N.J. — A&P last week said it has begun another attempt to sell its Food Emporium chain, betting that its most attractive — and only profitable — division will generate proceeds to invest in the turnaround of the remainder....More
MONTVALE, N.J. — A&P here said it was looking to sell its 16 Food Emporium stores in New York City, and would use the proceeds to invest in its other stores....More
MONTVALE. N.J. — A&P’s vision for the future is now on display on the Upper East Side of Manhattan, where a recent Food Emporium renovation strikes a “store of the neighborhood” profile the chain hopes to replicate throughout its various banners....More
NEW YORK — The Food Emporium on Friday celebrated the completion of an 18-week renovation at its 63rd Street store in Manhattan, saying the changes represent a transition to a neighborhood focus parent company A&P intends to introduce at stores throughout the chain....More
SN’s Spotlight on Deli/Fresh Meals series profiles large chains and independent retailers who show innovation in their deli and fresh meals departments. Click Here