FOOD EMPORIUM FOR SALE: REPORT
MONTVALE, N.J. — A&P here has sought out investor interest in its Food Emporium banner, according to reports. As previously reported, the high-end Food Emporium banner, which operates 16 stores in Manhattan and one in Connecticut, was a possible candidate for divestiture as A&P seeks to shed “non-core” assets. Karen Short, an analyst with BMO Capital Markets, told SN the banner could fetch about $200 million. According to a report last week in the Wall ...
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