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A&P Plans to Close 25 Stores

A&P on Friday said it would close 25 stores as it begins the implementation of its newly announced turnaround plan.

Jon Springer, Executive Editor

August 13, 2010

1 Min Read
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JON SPRINGER

MONTVALE, N.J. — A&P on Friday said it would close 25 stores as it begins the implementation of its newly announced turnaround plan.

The stores slated for closure include locations in close proximity to other A&P-owned stores, those facing real estate and cost issues, and underperforming stores, the retailer said. The closures are expected to be completed during the fiscal third quarter, which begins in September.

A&P officials declined to provide a list of stores slated for closure, although a spokeswoman told SN Friday the closures “include those across our A&P, Waldbaum’s, Pathmark, Super Fresh and Super Foodmart banners.”

“While this was a very difficult decision that will unfortunately impact some of our customers, partners, communities and employees, these actions are absolutely necessary to strengthen A&P's operating foundation and improve our performance going forward,” Sam Martin, chief executive officer of A&P, said in a statement.

“We will help our affected colleagues pursue other positions across the company should open positions be available." As part of the store closure process, the company will encourage customers to shop at its other stores within or in close proximity to their communities.

About the Author

Jon Springer

Executive Editor

Jon Springer is executive editor of Winsight Grocery Business with responsibility for leading its digital news team. Jon has more than 20 years of experience covering consumer business and retail in New York, including more than 14 years at the Retail/Financial desk at Supermarket News. His previous experience includes covering consumer markets for KPMG’s Insiders; the U.S. beverage industry for Beverage Spectrum; and he was a Senior Editor covering commercial real estate and retail for the International Council of Shopping Centers. Jon began his career as a sports reporter and features editor for the Cecil Whig, a daily newspaper in Elkton, Md. Jon is also the author of two books on baseball. He has a Bachelor of Arts degree in English-Journalism from the University of Delaware. He lives in Brooklyn, N.Y. with his family.

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