Streams

The Food Emporium Goes to Market

A&P to Sell 16 Troubled Stores

Tuesday, September 11, 2012

WNYC

A&P is selling its Manhattan Food Emporium supermarkets.

The Montvale, New Jersey-based A&P plans to "market these 16 Manhattan stores to a variety of prospective buyers."

The company, which owns 320 supermarkets, started the process in early September.

"The Food Emporium represents a unique footprint that requires a specific go-to-market strategy," a spokesperson for A&P said in a statement. The sale will allow the company to focus on its long-term vision of being the best food and drug store in the neighborhoods it serves, she added.

A&P also owns a Food Emporium in New Canaan, Conn. (which is not for sale) as well as Pathmark, Waldbaum's, Superfresh and Food Basics stores. It emerged from bankruptcy in March with 75 fewer stores.

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Comments [4]

Rocksumo

there being sold to KINGS

Feb. 02 2013 09:11 PM
mike

Bring back Dave Evans to run Pathmark.....

Sep. 15 2012 03:00 PM
joe falcon from si

It might be a good thing if Walmart buys the chain.

Sep. 15 2012 02:57 PM
Sam Martin

Pathmark division is being sold to walmart for its neighborhood market model. Anouncement soon

Sep. 12 2012 12:26 PM

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