 |
12/19/2007 The Great Atlantic & Pacific Tea Co., Inc. Consummates Issuance of $165 Million 5.125% Convertible Senior Notes Due 2011, $255 Million 6.75% Convertible Senior Notes Due 2012, Share Lending Agreements and Convertible Note Hedge and Warrant TransactionsMONTVALE, NJ - December 19, 2007 - The Great Atlantic & Pacific Tea Company, Inc. (A&P, NYSE: GAP) announces the consummation of its public offering yesterday of $165 million aggregate principal amount of convertible senior notes due 2011 and $255 million aggregate principal amount of convertible senior notes due 2012 (together, the "notes"). Full Article
12/13/2007 The Great Atlantic & Pacific Tea Co., Inc. Prices $150 Million 5.125% Convertible Senior Notes Due 2011 and $230 Million 6.75% Convertible Senior Notes Due 2012, Enters Into Share Lending Agreements and Convertible Note Hedge and Warrant TransactionsMONTVALE, NJ - December 13, 2007 - The Great Atlantic & Pacific Tea Company, Inc. (A&P, NYSE: GAP) today announced the pricing of its previously announced public offering of $150 million aggregate principal amount of convertible senior notes due 2011 and $230 million aggregate principal amount of convertible senior notes due 2012 (together, the "notes"). Full Article
12/10/2007 The Great Atlantic & Pacific Tea Company, Inc. Announces Proposed Offering of $380 Million Convertible Senior Notes, Proposed Entry Into Share Lending Agreements, and Proposed Entry Into Convertible Note Hedge and Warrant TransactionsMONTVALE, NJ - December 10, 2007 - The Great Atlantic & Pacific Tea Company, Inc. (A&P, NYSE: GAP) today announced the proposed public offering by the Company of $380 million aggregate principal amount of senior convertible notes, including $150 million aggregate principal amount of senior convertible notes due 2011 and $230 million aggregate principal amount of senior convertible notes due 2012 (together, the "notes"). Full Article
12/3/2007 A&P, Pathmark Complete Merger
Purchase by A&P forms 450-store, $9.4 billion chain
Integration of companies to produce $150 million in synergies
A&P to maintain Pathmark name, store networkMONTVALE, NJ - (December 3, 2007) - The Great Atlantic & Pacific Tea Company, Inc. (A&P)(NYSE:GAP) today announced the completion of its acquisition of Pathmark Stores, Inc. (Carteret, N.J.), for $1.4 billion in cash, stock and assumed or retired debt. Full Article
11/27/2007 Federal Trade Commission Accepts Consent Agreement; Clears Way for A&P to Complete Pathmark AcquisitionMONTVALE, NJ - November 27, 2007 - The Great Atlantic & Pacific Tea Company, Inc. (A&P)(NYSE:GAP) announced today that the Federal Trade Commission (FTC) has accepted a proposed consent agreement relating to A&P's acquisition of Pathmark Stores Inc. (Carteret, NJ). Full Article
11/26/2007 The Great Atlantic & Pacific Tea Company, Inc. Announces Successful Sale of Metro StakeMONTVALE, N.J. (November 26, 2007) -- The Great Atlantic & Pacific Tea Company, Inc., Montvale, N.J. (A&P) (NYSE:GAP) said today that in connection with financing of the acquisition of Pathmark Stores, Inc., it has sold all of its 11,726,645 shares of Metro Inc. Full Article
11/19/2007 A&P and Pathmark file 14-day notice period with the FTC Transaction is now expected to close in early DecemberMONTVALE, NJ - November 19, 2007 - The Great Atlantic & Pacific Tea Company Inc. (A&P)(NYSE:GAP) announced today it has provided the required two week notice of its intention to consummate the acquisition of Pathmark Stores Inc. to the Federal Trade Commission (FTC), effective November 13, 2007. Full Article
11/15/2007 A&P Announces Purchase of 'Best Cellars'
Unique retail approach to guide reinvention of A&P beer, wine and spirits business, enhance food-wine connection aligned with Company's Fresh Food emphasis.MONTVALE, NJ - (November 15, 2007) - The Great Atlantic & Pacific Tea Company, Inc. (A&P)(NYSE:GAP) today announced the acquisition of Best Cellars, a New York City-based retailer renowned for merchandising "Great Wines for Everyday" by flavor rather than by origin, and at reasonable prices. Full Article
11/8/2007 A&P Announces Stockholder Approval to Issue A&P Stock Pursuant to MergerMONTVALE, NJ - November 8, 2007 - The Great Atlantic and Pacific Tea Company (A&P, NYSE Symbol: GAP) announced today that at its special meeting of stockholders, the company's stockholders approved the issuance of shares of A&P stock in connection with the merger of Pathmark Stores, Inc. (Pathmark, NASDAQ Symbol: PTMK) into a wholly-owned subsidiary of A&P. Full Article
11/5/2007 A&P Announces Merger Financing Update; Closing Expected in DecemberMONTVALE, NJ - November 5, 2007 - The Great Atlantic & Pacific Tea Company, Inc. (A&P, NYSE Symbol: GAP) announced today an update regarding the expected sources of financing for its previously announced acquisition of Pathmark Stores, Inc. Full Article
10/17/2007 The Great Atlantic & Pacific Tea Company, Inc. Announces Results for its Second Quarter Ended September 8, 2007
Company Reports 3.2% Increase in Comparable Store Sales
Operating Results Continue to Improve in its Core NorthEast OperationsMONTVALE, NJ - October 17, 2007 - The Great Atlantic & Pacific Tea Company, Inc. (A&P, NYSE Symbol: GAP) announced fiscal 2007 second quarter and year to date results for the 12 and 28 weeks ended September 8, 2007. Full Article
9/27/2007 A&P Takes Fresh Evolution to Next Level; New Store Merges Traditional Virtues, Dramatic DeparturesPARK RIDGE, NJ - September 27, 2007 - A grocery and fresh food shopping experience like no other awaits area consumers, as The Great Atlantic & Pacific Tea Company, Inc. (A&P) opened its dramatically redesigned Fresh concept prototype here today. Full Article
9/20/2007 A&P, Pathmark Enter into Extension of Timing Agreement with the FTCMONTVALE, N.J. - (September 20, 2007) - The Great Atlantic & Pacific Tea Company, Inc. (A&P) (NYSE:GAP) announced today that, based upon the progress in its discussions with the Federal Trade Commission ("FTC"), A&P and Pathmark Stores Inc. Full Article
9/15/2007 A&P Reaches Agreement for Sale of Sav-A-Center Stores19 Sav-A-Center stores being acquired by Rouse's, others by independent operators.
Substantially all New Orleans Sav-A-Center workers to be offered positions by new owners.MONTVALE, NJ - (September 15) - The Great Atlantic & Pacific Tea Company, Inc. (A&P)(NYSE:GAP) today announced agreements for the sale of 19 New Orleans-area Sav-A-Center stores to Rouse's Supermarket (Thibadoux, Louisiana). Full Article
8/30/2007 A&P Signs Agreement to Operate Starbucks Locations
Starbucks stores are coming to select A&P stores.MONTVALE, N.J. (August 30, 2007) - The Great Atlantic & Pacific Tea Company, Inc. (A&P) (NYSE:GAP) signed a licensing agreement to operate Starbucks stores in select A&P locations in the Northeast. Full Article
8/8/2007 A&P, Pathmark Enter into Extension of Timing Agreement with the FTCMONTVALE, N.J. (August 8, 2007) - The Great Atlantic & Pacific Tea Company, Inc. (A&P) (NYSE:GAP) announced that on August 7, 2007, A&P and Pathmark Stores Inc. (Pathmark) (NASDAQ:PTMK) entered into an agreement with the Federal Trade Commission ("FTC") providing that, subject to certain conditions, A&P and Pathmark will not consummate A&P's acquisition of Pathmark prior to 11:59 p.m. on September 25, 2007. Full Article
7/20/2007 The Great Atlantic & Pacific Tea Company, Inc. Announces Results for its First Quarter Ended June 16, 2007
Strategic Transformation Continues with Pathmark Acquisition on Track and Non-Core Divestitures ProgressingMONTVALE, NJ - July 20, 2007 - The Great Atlantic & Pacific Tea Company, Inc. (A&P, NYSE Symbol: GAP) announced fiscal 2007 first quarter results for the 16 weeks ended June 16, 2007. Full Article
7/16/2007 A&P, Pathmark Submit Certification of Substantial Compliance With Second RequestMONTVALE, N.J. (July 16, 2007) - The Great Atlantic & Pacific Tea Company, Inc. (A&P) (NYSE:GAP) announced that on July 13, 2007, both A&P and Pathmark Stores, Inc.(Pathmark) (NASDAQ:PTMK) submitted certifications of substantial compliance with the Federal Trade Commission ("FTC") in response to the Requests for Additional Information and Documentary Materials (the "Second Requests") received in connection with A&P's proposed acquisition of Pathmark (the "merger"). Full Article
5/30/2007 A&P in Negotiations for Sale Of Sav-A-Center OperationsMONTVALE, NJ - (May 30) - The Great Atlantic & Pacific Tea Company, Inc. (A&P)(NYSE:GAP) today announced that it is in advanced negotiations with a number of buyers for its 21 Sav-A-Center stores based in Louisiana. Full Article
5/18/2007 Palmer Joins A&P from Safeway; Will Head Own Brands DevelopmentMONTVALE, NJ - May 18 - The Great Atlantic & Pacific Tea Company Inc. (A&P)(NYSE:GAP) today announced that Douglas Palmer has joined the Company as Vice President of Own Brands. Full Article
5/1/2007 Guldin Elected to A&P Board of Directors, Appointed to New Senior Strategy PostMONTVALE, NJ - May 1 - The Great Atlantic & Pacific Tea Company Inc. (A&P)(NYSE:GAP) today announced that Andreas Guldin has been elected to the Company's Board of Directors, and also to the new position within the Company of Executive Managing Director, Strategy and Corporate Development. He will report directly to Christian Haub, Executive Chairman of A&P. Full Article
4/25/2007 The Great Atlantic & Pacific Tea Company, Inc. Announces Net Income of $27 Million for it's Fiscal Year Ended February 24, 2007
Operating Income Continues to Improve in it's Core Northeast OperationsMONTVALE, NJ - April 25, 2007 - The Great Atlantic & Pacific Tea Company, Inc. (A&P, NYSE Symbol: GAP) announced fiscal 2006 fourth quarter and full year results for the 12 and 52 weeks ended February 24, 2007. Full Article
4/24/2007 A&P Negotiating Sale of Midwest Operations
Company says bid process is advancing with several buyersMONTVALE, NJ - April 24 - The Great Atlantic & Pacific Tea Company, Inc. (A&P)(NYSE:GAP) announced today that it is in negotiations for the potential sale of its operations in the Midwest. Full Article
3/18/2007 A&P Banners Removing Dog and Cat Food Products Included in Manufacturer RecallMONTVALE, NJ (March 18, 2007)--The Great Atlantic & Pacific Tea Company, Inc. (A&P) said today that it is removing certain dog and cat food products sold under the America's Choice, Mighty Dog and Iams labels from its stores. Full Article
3/13/2007 The Great Atlantic & Pacific Tea Company, Inc. Makes AnnouncementMONTVALE, N.J. (March 13, 2007) -- The Great Atlantic & Pacific Tea Company, Inc., Montvale, N.J. (A&P) (NYSE:GAP) said today that in connection with its recently-announced agreement to acquire Pathmark Stores, Inc., it has sold 6,350,000 shares of its holdings in Metro, Inc. (Montreal, Canada) for proceeds of approximately $203.5 million. The Company continues to hold approximately 11.7 million Metro shares. Full Article
3/5/2007 A&P Executive to Speak at CIBC ConferenceMONTVALE, N.J. -- March 5, 2007 – The Great Atlantic & Pacific Tea Company, Inc.
(A&P, NYSE Symbol:GAP) today announced that on Wednesday, March 7, 2007 at 9a.m. Christian Haub, Executive Chairman of the Board, will make a presentation at the CIBC World Markets 10th Annual Retail Conference. Full Article
3/5/2007 A&P and Pathmark Announce Merger Agreement: A&P to Acquire Pathmark for $1.3 BillionTransaction will create a 550-store, $11 billion companyMONTVALE, N.J./CARTERET, N.J. (March 5, 2007) -- The Great Atlantic & Pacific Tea Company, Inc., Montvale, N.J. (A&P) (NYSE:GAP), and Pathmark Stores, Inc., Carteret, N.J. (Nasdaq: PTMK) today announced that they have reached a definitive merger agreement in which A&P will acquire Pathmark Stores, Inc., for $1.3 billion in cash. Full Article
2/27/2007 For Immediate ReleaseMONTVALE, NJ – February 27, 2007 – The Great Atlantic & Pacific Tea Company, Inc. (A&P, NYSE Symbol: GAP) today announced that it was engaged in negotiations for an acquisition of Pathmark Stores Inc. Full Article
1/9/2007 The Great Atlantic & Pacific Tea Company, Inc. Announces Net Income of $41 Million for Third Quarter Ended December 2, 2006
Operating Income Continues to Improve, Especially in Core Northeast OperationsMONTVALE, NJ – January 9, 2007 – The Great Atlantic & Pacific Tea Company, Inc. (A&P, NYSE Symbol: GAP) announced unaudited fiscal 2006 third quarter and year to date results for the 12 and 40 weeks ended December 2, 2006. Full Article
|
Founded:
1859 by George Huntington Hartford and George Gilman
Headquarters:
Montvale, NJ
Stock Symbol:
NYSE: "GAP"
Number of Stores:
429
Retail Banners:
A&P, Waldbaum's, The Food Emporium, Super Fresh, Pathmark and Food Basics
Annual Sales Volume:
$8.8 billion of Total Sales for fiscal year 2009 ended February 27, 2010
Scope of Operations:
8 U.S. states (Connecticut, Massachusetts, New York, New Jersey, Pennsylvania, Delaware, Maryland),Virginia, and the District of Columbia
Own Brands:
America's Choice, America's Choice Healthy Kids, Hartford Reserve, Live Better Wellness, America's Choice Gold, Smart Price, Greenway, Via Roma
Number of Employees:
Approximately 48,000
President & CEO:
Sam Martin
Executive Chairman:
Christian W.E. Haub
|
