A&P reveals first bid winners; most stores go unsold

A&P reveals first bid winners; most stores go unsold

Only one in three A&P stores that went up for auction last week came back with bids, the retailer revealed in a document filed with U.S. Bankruptcy Court late Monday.

Of the 108 stores in the first auction, 36 received winning bids, and if approved by the court would divide the base among 21 entities including supermarkets, landlords and other investors. Remaining stores, which either received no bids or offers that didn’t mee

Register to view the full article

test - Advanced Registered User

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish