STORE CLOSURES BOOST A&P'S SAME-STORE SALES

MONTVALE, N.J. -- A&P here said last week the closure of 90 underperforming locations resulted in a same-store sales increase of 5.3% for the first quarter ended June 19.a year earlier.Excluding one-time costs totaling $38.6 million related to Project Great Renewal and A&P's decision to exit the Atlanta market, the company said net income for ongoing operations would have declined 0.6%, to $19.1 million.Project

MONTVALE, N.J. -- A&P here said last week the closure of 90 underperforming locations resulted in a same-store sales increase of 5.3% for the first quarter ended June 19.

a year earlier.

Excluding one-time costs totaling $38.6 million related to Project Great Renewal and A&P's decision to exit the Atlanta market, the company said net income for ongoing operations would have declined 0.6%, to $19.1 million.

Project Great Renewal includes initiatives to acceler

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