FOOD LION TO BUY 30 SHUT FARMER JACKS

SALISBURY, N.C. -- Food Lion here has signed an agreement to purchase 30 shuttered Farmer Jack stores in Virginia from A&P, Montvale, N.J., the company said.The move would strengthen Food Lion's dominant position in the Richmond and Tidewater markets.An A&P spokesman told SN the stores, which range in size from 16,000 to 39,000 square feet, were closed in January because they "underperformed" and

SALISBURY, N.C. -- Food Lion here has signed an agreement to purchase 30 shuttered Farmer Jack stores in Virginia from A&P, Montvale, N.J., the company said.

The move would strengthen Food Lion's dominant position in the Richmond and Tidewater markets.

An A&P spokesman told SN the stores, which range in size from 16,000 to 39,000 square feet, were closed in January because they "underperformed" and did not jibe with the company's long-range growth plans.

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