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A&P Food Chain Posts Sharp Quarterly Losses
The Great Atlantic and Pacific Tea Co reports a sizable quarterly loss amid intensifying price wars in the food retail sector. Despite weak profits, A&P notes rising six month sales aided by WEOs while Safeway claims gains and Bohack accuses A&P of cut-throat practices.
MENTIONED IN THIS ARTICLE
New York
Great Atlantic & Pacific Tea Co
A&p
Safeway Stores, Inc
Safeway
America
Pennshaugen
N.J
Bohack Corp