A&P Seeks to ‘Right-Size’ in Chapter 11

A&P Seeks to ‘Right-Size’ in Chapter 11

MONTVALE, N.J. — A&P, the iconic food retailer that once ruled the supermarket industry, filed for protection under Chapter 11 of the U.S. Bankruptcy Code last week, citing troubled stores, soaring costs and more than $1 billion in debt.

MONTVALE, N.J. — A&P, the iconic food retailer that once ruled the supermarket industry, filed for protection under Chapter 11 of the U.S. Bankruptcy Code last week, citing troubled stores, soaring costs and more than $1 billion in debt.

The company, which operates 395 stores under five banners in the Northeast, filed for protection after a failure to renegotiate terms with its supplier unraveled a $200 million l

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