A&P (Great Atlantic & Pacific Tea)
PE-Owned1 Documented ImpactRon 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.
Ownership Information
A&P (Great Atlantic & Pacific Tea) is owned by Yucaipa Companies. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
A&P (Great Atlantic & Pacific Tea) founded
Acquired by Yucaipa Companies for $600 million
A&P — America's oldest grocery chain — liquidated after Yucaipa PE ownership
Yucaipa 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.
A&P Files for Bankruptcy, Will Sell Off All Stores
New York Times →Before vs. After PE Acquisition
Store count
Reported 2015
Before PE
395 stores
After PE
0 (liquidated)
↓ 100%
Tracked Locations
AZ (1)
Phoenix
3888 Main St
Phoenix, AZ 85001
555-832-2281
CA (2)
Los Angeles
4903 Main St
Los Angeles, CA 90001
555-102-4154
Los Angeles
2999 Main St
Los Angeles, CA 90001
555-622-8781
CO (2)
Denver
1406 Main St
Denver, CO 80201
555-628-5324
Denver
9870 Main St
Denver, CO 80201
555-719-1087
FL (1)
Miami
9077 Main St
Miami, FL 33101
555-798-9569
MN (1)
Minneapolis
8521 Main St
Minneapolis, MN 55401
555-642-3258
OH (1)
Cleveland
5340 Main St
Cleveland, OH 44101
555-622-9744
PA (1)
Pittsburgh
8977 Main St
Pittsburgh, PA 15201
555-230-8203