A&P EYES MORE FOOD BASICS CONVERSIONS

NEW YORK -- A&P could convert up to 20% of its 400 conventional U.S. store base to the Food Basics format within three to four years, Mitchell Goldstein, senior vice president and chief financial officer, told an investors conference here.as converted 25 U.S. stores to Food Basics in the last year: half in the New York-Philadelphia market and half in the Detroit-Toledo, Ohio, area, Goldstein said.

NEW YORK -- A&P could convert up to 20% of its 400 conventional U.S. store base to the Food Basics format within three to four years, Mitchell Goldstein, senior vice president and chief financial officer, told an investors conference here.

as converted 25 U.S. stores to Food Basics in the last year: half in the New York-Philadelphia market and half in the Detroit-Toledo, Ohio, area, Goldstein said. A&P has been operating the discount format in Canada for 10 years, where 100 of

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