e-News
|
|
A&P puts Food Emporium up for sale |
09.21.2012
|
Retailer A&P has decided to sell 16 Food Emporium grocery sites, according to a statement.
"We commenced a marketing process of The Food Emporium in early September. The Food Emporium represents a unique urban footprint that requires a specific go-to-market strategy. Therefore, we've made the decision to market these 16 Manhattan stores to a variety of prospective buyers. The sale will enable parent company A&P to support the company's long-term strategic vision to be the No. 1 food and drug store in every neighborhood it serves," the company said.
STORY CONTINUES BELOWAdvertisement
A&P emerged from bankruptcy in March. A Food Emporium location in Connecticut is not included in the sale.
|
|
|
