A&P RETHINKS FARMER JACK SALE

MONTVALE, N.J. -- A&P here indicated that it could retain the Farmer Jack chain now that the potential buyer has withdrawn its interest.In a conference call with analysts discussing the company's second-quarter results, Eric Claus, the recently named president and chief executive officer of A&P, said the company might decide to invest in and retain the 67-unit chain, which is based in Detroit."We

MONTVALE, N.J. -- A&P here indicated that it could retain the Farmer Jack chain now that the potential buyer has withdrawn its interest.

In a conference call with analysts discussing the company's second-quarter results, Eric Claus, the recently named president and chief executive officer of A&P, said the company might decide to invest in and retain the 67-unit chain, which is based in Detroit.

"We either have to fix Michigan or get rid of Michigan, one of the two," he

Register to view the full article

test - Advanced Registered User

Already a member? .