A&P To Close Stores

According to officials with Great Atlantic and Pacific Tea Company, better known as A&P, they have filed for Chapter 11 bankruptcy for the second time in five years. The 156-year old Montvale, New Jersey based company, which employs $285,000 people, has three $600 million bids for about 120 stores, many in New Jersey, and the company stated they will also be pushing the sale of several stores in the Lower Hudson Valley. Officials stated that the reason for so many closures is the nearly $14 million dollars a month the company spends as well as high pension costs, certain layoff agreements, and shopper complaints of outdated stores.

Snow Closings Updated Regularly

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