Content about The Great Atlantic & Pacific Tea Company

CAMP HILL, Pa. — Rite Aid has appointed David Kelly as group VP construction, the retail pharmacy chain said Monday.

Kelly, who has worked in real estate and development for more than 25 years, will start work May 31 and will have overall responsibility for all store planning and construction services, in addition to having a role in various segmentation initiatives such as Wellness stores, value stores and co-branded Save-A-Lot Rite Aid stores, reporting directly SVP, CFO and chief administrative officer Frank Vitrano.

Brisbane, Calif. -- Bebe Stores reported a loss for its second quarter as bad weather cut into sales and it closed some stores.

The clothing company posted a loss of $2.7 million for the quarter compared with a profit of $2.4 million in the same period last year.

Revenue fell 2% to $132.7 million for the period that ended Jan. 1.

Same-store sales were flat for the quarter, compared with a drop of 22.5% a year earlier.

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.