A&P EXPANDS FOOD BASICS VIA CONVERSIONS

MONTVALE, N.J. -- A&P here said last week it will convert 10 Detroit-area Farmer Jack stores to its Food Basics deep discount format by early April.The move followed A&P's announcement that it will increase capital spending in the next fiscal year, with a focus on remodels and on converting underperforming conventional supermarkets to Food Basics stores.A&P made the spending announcement during a

MONTVALE, N.J. -- A&P here said last week it will convert 10 Detroit-area Farmer Jack stores to its Food Basics deep discount format by early April.

The move followed A&P's announcement that it will increase capital spending in the next fiscal year, with a focus on remodels and on converting underperforming conventional supermarkets to Food Basics stores.

A&P made the spending announcement during a conference call with industry analysts to discuss results for the t

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