A&P Completes Sale of 4 New England Stores.Business Editors MONTVALE, N.J.--(BUSINESS WIRE)--April 23, 2003 The Great Atlantic & Pacific Tea Company, Inc. (A&P)(NYSE NYSE See: New York Stock Exchange :GAP) said today that it has completed the previously-announced sale of four stores in northern New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. to The Stop & Shop Supermarket Company (Quincy, Mass.). Terms of the transaction were not disclosed. A&P said that Wm. Blair & Company served as financial advisor for the transaction. Founded in 1859, A&P was one of the nation's first supermarket chains, and is today one of North America's largest. The Company currently operates over 680 supermarkets in 15 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). and Ontario, Canada under the following trade names: A&P, Waldbaum's, The Food Emporium, Super Foodmart, Super Fresh, Farmer Jack, Kohl's, Sav-A-Center, Dominion dominion, power to rule, or that which is subject to rule. Before 1949 the term was used officially to describe the self-governing countries of the Commonwealth of Nations—e.g., Canada, Australia, or India. , The Barn Markets, Food Basics
Food Basics is a no-frills Canadian supermarket chain created by A&P Canada to compete with the successful No Frills warehouse style supermarket operated by Loblaw. and Ultra Food & Drug. The Company also manufactures and distributes the Eight O'Clock line of whole bean coffees. |
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