Content about Great Atlantic & Pacific Tea Company

January 10, 2014

Sam Martin, president and CEO of the Great Atlantic & Pacific Tea Co., has left the company, Produce News reported.

New York -- Sam Martin, president and CEO of the Great Atlantic & Pacific Tea Co., has left the company, Produce News reported.

February 28, 2012

The U.S. Bankruptcy Court in White Plains, N.Y., approved the Great Atlantic & Pacific Tea Co.’s plan to exit bankruptcy plan.

New York City -- The U.S. Bankruptcy Court in White Plains, N.Y., approved the Great Atlantic & Pacific Tea Co.’s plan to exit bankruptcy plan. The supermarket company filed Chapter 11 in December 2010.

The reorganization plan includes $490 million in debt and equity financing from Ron Burkle’s Yucaipa Cos.

January 25, 2012

The judge in the Great Atlantic & Pacific Tea Company’s Chapter 11 bankruptcy case on Tuesday approved a $750 million exit financing plan for the supermarket operator.

New York City -- The judge in the Great Atlantic & Pacific Tea Company’s Chapter 11 bankruptcy case on Tuesday approved a $750 million exit financing plan for the supermarket operator.

The approval moves A&P closer toward exiting Chapter 11 and operating as a  privately held company.

The financing package consists of a $400 million revolving loan and a $350 million term loan from J.P. Morgan Chase and Credit Suisse.

December 10, 2010

A report Friday said that Great Atlantic & Pacific Tea Co. may file for bankruptcy in the coming days to restructure debt.

Montvale, N.J. -- A report Friday said that Great Atlantic & Pacific Tea Co. may file for bankruptcy in the coming days to restructure debt.

Citing unnamed sources, Bloomberg reported that a filing to reorganize under court protection may come as soon as this weekend. A&P hired law firm Kirkland & Ellis LLP to represent it in negotiations with creditors and in any Chapter 11 proceeding, according to the report.

November 10, 2010

Great Atlantic & Pacific Tea Co. said late Tuesday it will sell six Pathmark stores for $89.8 million.

Montvale, N.J. -- Great Atlantic & Pacific Tea Co. said late Tuesday it will sell six Pathmark stores for $89.8 million. The company said it has entered into an agreement with Winstanley Enterprises LLC, which will acquire six Pathmark stores in New York, New Jersey, Pennsylvania and Delaware.

CEO Sam Martin said the deal is part of the company's turnaround strategy. Last month, after announcing its second-quarter loss had doubled from a year earlier, the company said its turnaround plan, including cutting costs, would help improve business.

October 21, 2010

The owner of the struggling Great Atlantic & Pacific Tea Co. supermarket chain said in...

October 12, 2010

A report released Wednesday said that the Great Atlantic & Pacific Tea Co. has reached...

January 26, 2010

Borders announced on Tuesday that CEO Ron Marshall is stepping down after about a year...

March 9, 2008

On Monday, the Great Atlantic & Pacific Tea Co. (A&P) and C&S Wholesale Grocers announced...

November 15, 2007

Montvale, N.J., Great...

November 3, 2005

Montvale, N.J., Great...

November 3, 2005

Montvale, N.J., Great...

September 1, 2005

Montvale, N.J., Farmer...

September 1, 2005

Montvale, N.J., Farmer...

May 8, 2005

Montvale, N.J., Great...