A&P sells 12 Superfresh stores, to close 13 others
New York —The Great Atlantic & Pacific Tea Company (A&P), which is working its way through Chapter 11, will close 13 Suprefresh stores in the Baltimore area in July because it can't find anyone to buy the properties, The Baltimore Sun reported.
A&P announced in April that it was looking trying to sell 25 Superfresh stores, mostly in the Baltimore area. It announced earlier this week it had found buyers for 12 locations, and notified the bankruptcy court in New York on Wednesday. The company said it should generate more than $40 million from the sale of the stores.