MONTVALE, N.J. — Stock in A&P here plummeted by 14% Tuesday after the retailer announced a steep decline in second-quarter losses and the departure of its chief executive officer. As reported on SupermarketNews.com yesterday, Eric Claus, who served as CEO for A&P since 2005, left the retailer effective immediately. “The company’s performance has not met our expectations and based on these results the company felt a change of leadership was warranted and appropriate,” Christian ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
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.
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.