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Press Room A&P Completes Sale of Stores In Northern New England and Madison, Wisconsin

MONTVALE, N.J. - April 30 - The Great Atlantic & Pacific Tea Company, Inc. (A&P) (NYSE:GAP) today completed two separate and previously announced transactions for the sale of eight A&P stores in northern New England to GU Family Markets LLC (Clifton Park, N.Y.), and seven Kohl's Supermarkets in Madison, Wisconsin to The Copps Corporation, a subsidiary of Roundy's, Inc. (Pewaukee, Wisconsin).

Terms of the transaction were not disclosed. The Company said that Wm. Blair & Company served as financial advisor for the transactions.

Founded in 1859, A&P was one of the nation's first supermarket chains, and is today one of North America's largest. The Company currently operates over 680 supermarkets in 15 states, the District of Columbia and Ontario, Canada under the following trade names: A&P, Waldbaum's, The Food Emporium, Super Foodmart, Super Fresh, Farmer Jack, Kohl's, Sav-A-Center, Dominion, The Barn Markets, Food Basics and Ultra Food & Drug. The Company also manufacturers and distributes the Eight O'Clock line of whole bean coffees.

For Financial Questions Contact William Moss,
Vice President, Treasurer
201-571-4019

For Non-Financial Questions Contact Richard DeSanta
Vice President, Corporate Affairs
201-571-4495

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Company Facts

Founded:
1859 by George Huntington Hartford and George Gilman

Headquarters:
Montvale, NJ

Stock Symbol:
"GAPTQ"

Number of Stores:
336

Retail Banners:
  • A&P
  • Waldbaum's
  • The Food Emporium
  • SuperFresh
  • Pathmark
  • Best Cellars
  • Food Basics

Annual Sales Volume:
$8.1 billion of Total Sales for fiscal year 2010 ended February 26, 2011

Scope of Operations:
  • 6 U.S. States
  • Connecticut
  • New York
  • New Jersey
  • Pennsylvania
  • Delaware
  • Maryland

Own Brands:
  • America's Choice
  • America's Choice Gold
  • America's Choice Reserve
  • Food Basics
  • Food Emporium
  • Food Emporium Trading Company
  • Greenway
  • Hartford Reserve
  • Home Basics
  • Live Better
  • Master Choice
  • Mid-Atlantic Country Farms
  • MORE
  • Pathmark
  • Preferred Pet
  • Sierra Ranch
  • Via Roma
  • Woodson & James

Number of Employees:
Approximately 36,000

President & CEO:
Sam Martin