A&P (Great Atlantic & Pacific Tea)

PE-Owned1 Documented Impact

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 by Yucaipa Companies (2007)$600 million
4
locations tracked

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

1859

A&P (Great Atlantic & Pacific Tea) founded

2007

Acquired by Yucaipa Companies for $600 million

2015CriticalClosure / Bankruptcy

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%

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Tracked Locations

CA (1)

Los Angeles

9583 Main St

Los Angeles, CA 90001

555-226-9845

FL (1)

Miami

3126 Main St

Miami, FL 33101

555-797-7410

TX (2)

Austin

9416 Main St

Austin, TX 73301

555-503-3485

Houston

2551 Main St

Houston, TX 77001

555-828-3510