MONTVALE, N.J. -- A&P here said last week it will invest gross margin to shore up sales and protect its market share in a fiscal year that has turned out to be more difficult and less predictable than anticipated. "We were able to improve profitability and achieve modest comparable-store sales gains in the first quarter despite difficult market conditions," Christian Haub, chairman and chief executive officer, told securities analysts. "But we didn't meet our performance goals, and we ...
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