MONTVALE, N.J. - The 13 union locals voting on modifications to their contracts with A&P have approved the changes, as expected, union sources told SN Wednesday, representing the last hurdle in a cost restructuring under bankruptcy for the retailer. The amended contracts will go to U.S. Bankruptcy Court for approval and a $490 million deal to take A&P out of bankruptcy is expected to be consummated soon afterward. United Food and Commercial Workers locals 27, 100R, 152, 338, ...
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.