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

WhyRegisterfor FREE?

Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.