For the second time in five years, A&P has filed for Chapter 11 bankruptcy protection. After filing early Sunday July 19, the company announced plans to sell 120 stores and shutter 25 others.
Pledging to maintain its strategy of driving sales first, Weis Markets COO Kurt Schertle told more than 300 vendors that the Sunbury, PA based regional chain will continue to invest in its stores and seek further supply chain efficiencies. Schertle …
Jeff Metzger’s analysis of Albertsons’ IPO filing, plus the rest of the news of the market.
On July 8, Albertsons Companies filed a registration statement with the SEC for a proposed initial public offering of share of its common stock.