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MONTVALE, N.J. — Ron Burkle, the supermarket magnate whose prior investments in A&P were not enough to keep the retailer from bankruptcy, is doubling down.
Nov. 15 (Bloomberg) -- Great Atlantic & Pacific Tea Co., relying on financing from an investor group that includes Ron Burkle’s Yucaipa Cos, proposed a bankruptcy plan to exit court protection.
A&P's parent company reached an agreement on employee concessions and filed a reorganization plan Monday with the U.S. bankruptcy court.
The UFCW International and its Locals involved in the A&P bankruptcy proceedings issued the attached statement today, Friday, Nov. 4, 2011. Local 1776 has scheduled two meetings for A&P members for next Wednesday, November 9 -- one at 9:30 am and one at 6:30 pm. Both meetings will be at the Walton Road office. Members should make every effort to attend either of the meetings.
November 3, 2011 -- This morning A&P announced to members in its stores that it has reached an agreement with financial institutions to bring the company out of bankruptcy in early 2012 as a private company and begin the turnaround process. Open attachment for the full text of the UFCW statement today.
Sam Martin, President and CEO of A&P , thanks Mayor Michael Nutter, United Food and Commercial Workers Local 1776, and the developer , Bart Blatstein, for their support and for welcoming Superfresh to this great community.
This past Friday The Great Atlantic & Pacific Tea Company, Inc. opened its brand-new Superfresh store at North 2nd Street and West Girard Avenue in Philadelphia's Northern Liberties neighborhood. Mayor Michael A. Nutter and other community leaders joined A&P's President and CEO Sam Martin and Superfresh Associates in a grand opening ribbon-cutting ceremony, followed by a day filled with fun festivities for customers.