A&P TURNAROUND EFFORT SHOWS POSITIVE SIGNS

MONTVALE, N. J. - A&P here said strong comparable-store sales growth through the holiday period gives it confidence in the long-term viability of its new strategies - a confidence echoed by some industry analysts as well.Although the company reported a comp-store sales decline of 0.3% for the third quarter ended Dec. 3 - excluding its stores in New Orleans, where five of its most unprofitable units

MONTVALE, N. J. - A&P here said strong comparable-store sales growth through the holiday period gives it confidence in the long-term viability of its new strategies - a confidence echoed by some industry analysts as well.

Although the company reported a comp-store sales decline of 0.3% for the third quarter ended Dec. 3 - excluding its stores in New Orleans, where five of its most unprofitable units suffered damage and remain closed - Brenda Galgano, senior vice president and chie

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