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Economy
One of America's biggest grocery chains is on the brink of death
2015-06-21
[CHRON] A&P is considering filing for bankruptcy, Bloomberg reports.

The 156-year-old chain was once America's largest grocer with more than 15,000 locations.

Now, it has fewer than 400 stores and it's struggling to stay in operation.

"Bids for A&P were due last month as part of an auction for the company, but no viable offers for the entire chain were received," Bloomberg reports, citing sources familiar with the situation. "That means the stores could be sold piecemeal, marking the end of what was once the largest U.S. grocer."

A&P told Bloomberg, however, that "No decision has been made regarding a particular outcome, and it would be inaccurate and irresponsible to suggest otherwise."
Posted by:Fred

#16  ZOOOOOOMG, A & P is still around???
Posted by: JosephMendiola   2015-06-21 19:49  

#15  ZOOOOOOMG, A & P is still around???
Posted by: JosephMendiola   2015-06-21 19:49  

#14  I got a trading stamp as late as 2002, I think it was. In a grocery store on Molokai.
Posted by: Angie Schultz   2015-06-21 19:36  

#13  ...till the apparatchiks at the Dept of Agriculture get their hands on redistribution. Wonder which plutocrat has the money to buy that state controlled monopoly.
Posted by: Procopius2k   2015-06-21 14:47  

#12  profit margins among grocery stores is surprisingly low, and competition high
Posted by: Frank G   2015-06-21 14:37  

#11  I'm so old.... my granma bought me my first rifle (Rem Nylon 66) with S&H Green Stamps IN MASSACHUSETTS.....
Posted by: Mercutio   2015-06-21 14:36  

#10  @#5: Motto: "The First Listing On The Phonebook of States." (yeah, I stole it this morning.)
Posted by: Blossom Unains5562   2015-06-21 13:09  

#9  Aww, come on, Besoeker, I need a good laugh.
Posted by: Deacon Blues   2015-06-21 13:02  

#8  A welcome relief from staring at cows and corn fields all day.

Got to be an Alabama joke hidden there somewhere, but I'm not going there.
Posted by: Besoeker   2015-06-21 12:12  

#7  American's stop spending money in bad supermarket chain shock.
Posted by: Bright Pebbles   2015-06-21 10:42  

#6  ...They've been dying for about 40 years now. Put 'em outta their misery.

Mike
Posted by: Mike Kozlowski   2015-06-21 10:22  

#5  Growing up in rural Alabama it was a real treat to go to the Green Stamp Store. A welcome relief from staring at cows and corn fields all day.
Posted by: Deacon Blues   2015-06-21 09:38  

#4  Ahh - my own fond memories of pasting up Green Stamps for my Granny Jessie
Posted by: Sgt. Mom   2015-06-21 09:18  

#3  Ahhhhhhh Green Stamps. I remember as a kid filling the books every time Mom went to the store. Best thing I ever got was a real dart board with real darts. I was admonished about trying to stick one in my older sister.
Posted by: AlanC   2015-06-21 08:43  

#2  A&P meets S&H ... ah alas, there is no going home.

Posted by: Lemuel and Company6787   2015-06-21 07:53  

#1  It's time. The Great Atlantic & Pacific Tea Company has been doomed for years. They never could make the move from 1954 supermarket.
Posted by: Shipman   2015-06-21 01:53  

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