CVS Health and Rite Aid have confirmed agreements to purchase prescription files from A&P stores in the Northeast. A&P filed for Chapter 11 bankruptcy protection this summer and has since been closing and selling off stores. CVS has agreed to buy Rx files and some pharmacy inventory from 58 stores under the A&P, Pathmark and
NEW YORK — Rite Aid Corp. reportedly is looking to buy prescription files and inventory from in-store pharmacies operated the Great Atlantic & Pacific Tea Co., which last month filed for Chapter 11 bankruptcy protection. Published reports said that, according to a filing by A&P with the U.S. Bankruptcy Court in White Plains, N.Y., Rite
The Great Atlantic & Pacific Tea Co. has, for the second time in five years, entered Chapter 11, a return that likely presages the death of one of the legendary names in the history of mass market retailing. The decision to seek bankruptcy protection one Sunday last month marked the end of the latest effort
NEW YORK — Stop & Shop Supermarket Co. LLC and Acme Markets have agreed to buy stores from A&P, which earlier today announced it was filing for Chapter 11 bankruptcy protection and plans to sell off stores. Stop & Shop, part of Ahold USA, said Monday that it plans to acquire 25 A&P stores in
MONTVALE, N.J. — A&P has filed for bankruptcy, the second time in five years that the food and drug retailer has sought Chapter 11 protection. The supermarket operator said Monday that it has executed asset purchase agreements for about 120 stores at a price of roughly $600 million. A&P also said it has decided to close
MONTVALE, N.J. – A&P may be on the verge of filing for bankruptcy protection, possibly as early as this week, according to published reports. The food and drug retailer’s filing is expected to come in the form of a “prepackaged” bankruptcy, which could divvy up the company’s best locations, the New York Post reported on
