A&P Stock Dives on CEO News, Q2 Results

Stock in A&P here plummeted by 14% Tuesday after the retailer announced a steep decline in second-quarter losses and the departure of its chief executive officer.

MONTVALE, N.J. — Stock in A&P here plummeted by 14% Tuesday after the retailer announced a steep decline in second-quarter losses and the departure of its chief executive officer.

As reported on SupermarketNews.com yesterday, Eric Claus, who served as CEO for A&P since 2005, left the retailer effective immediately.

“The company’s performance has not met our expectations and based on these results the company felt a ch

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