MONTVALE, N.J. — A&P last week said it received bids for 12 of the 25 SuperFresh stores put up for sale in a bankruptcy auction, and said it expects to realize up to $40 million as the result of the sales. Springfield, N.J.-based Village Super Market, a ShopRite operator, said it anticipates buying two of the stores — in White Oak, Md., and Timonium, Md. — for $6.6 million, as part of a larger bid by a consortium. Village said it expects to convert the stores to ShopRite this summer. ...
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.