WHITE PLAINS, N.Y. — A&P is asking U.S. Bankruptcy Court for permission to enact a short-term incentive plan it said would help retain key employees and improve company performance while it operates under Chapter 11 bankruptcy protection. The proposed plan would reward a group of 146 salaried employees up to $6.8 million in cash, provided the chain can reverse a decline in same-store sales while maintaining or improving merchandise margins during a 28-week period beginning with the ...

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.

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 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.

Already registered? here.