Bankruptcy / Closurecritical2015
🛒
A&P (Great Atlantic & Pacific Tea)
Grocery & Specialty Food · owned by Yucaipa Companies
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.
Store count
Before
395 stores
→
After
0 (liquidated)
Change
-100%
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