A&P's Q2 Weak, Seeks New Loan

MONTVALE, N.J. — A&P’s new chief executive officer on Friday insisted the company was making progress toward strengthening liquidity, reducing costs and improving stores amid accelerated losses and plummeting sales in the fiscal second quarter.

MONTVALE, N.J. — A&P’s new chief executive officer on Friday insisted the company was making progress toward strengthening liquidity, reducing costs and improving stores amid accelerated losses and plummeting sales in the fiscal second quarter.

Sam Martin, who was named CEO in July to head a turnaround effort at the struggling retailer, said his new management team was at work on five “building blocks” of the tur

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