A&P (Great Atlantic & Pacific Tea)
Ron Burkle's Yucaipa acquired A&P, loaded debt, and failed to modernize one of America's oldest grocery chains. After two bankruptcies (2010, 2015), all remaining stores liquidated. ~28,000 jobs lost.
- FOUNDED
- 1859
- ACQUIRED
- Yucaipa Companies, 2007, $600 million
- IMPACTS
- 1 documented
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Editorial Record
maintained by DeathbyPE. Every claim links to a public source.Timeline
1859
A&P (Great Atlantic & Pacific Tea) founded
2007
Acquired by Yucaipa Companies for $600 million
2015
A&P — America's oldest grocery chain — liquidated after Yucaipa PE ownership
CriticalClosure / BankruptcyYucaipa loaded debt and failed to modernize one of America's oldest grocery chains (est. 1859). After two bankruptcies in 2010 and 2015, all remaining stores were liquidated. ~28,000 jobs lost.
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A&P Files for Bankruptcy, Will Sell Off All Stores
Before / After
MetricBefore PEAfter PEΔ
Store count
reported 2015
before 395 stores
after 0 (liquidated)
-100%
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