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A&P Caves To Discount Competition, Files For Bankruptcy

  • Bloomberg, Monday, December 13, 2010 10:16 AM
Wholesale clubs and drugstores are behind the failure of the 110-year-old Great Atlantic & Pacific Tea Co. -- and, really, has there been a better name for a company? -- which is filing for bankruptcy. A&P operates almost 400 supermarkets under the Waldbaum's, The Food Emporium and Pathmark names.

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