A&P Seeks $6.8M Incentive Plan

A&P is asking U.S. Bankruptcy Court for permission to enact a short-term incentive plan it said would help retain key employees and improve company performance while it operates under Chapter 11 bankruptcy protection.

WHITE PLAINS, N.Y. — A&P is asking U.S. Bankruptcy Court for permission to enact a short-term incentive plan it said would help retain key employees and improve company performance while it operates under Chapter 11 bankruptcy protection.

The proposed plan would reward a group of 146 salaried employees up to $6.8 million in cash, provided the chain can reverse a decline in same-store sales while

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