A Hudson Valley Supermarket Chain to Go Bankrupt This Week?
After the announced merger of Hannaford Supermarkets and Stop & Shop it looks like another supermarket may soon be disappearing from the Hudson Valley.
A&P is expected to file for chapter 11 bankruptcy as soon as this week.
The New York Post reports that A&P is expected to file for chapter 11 bankruptcy as soon as this week. The parent company of A&P, which also operates Pathmark, Waldbaum’s and Food Emporium, has already hired an investment bank that specialize in selling off properties after bankruptcy.
There are close to 110 A&P locations across the country, with three of them right here in the Hudson Valley. The supermarket chain has stores on Route 82 in Hopewell Junction, Route 82 in Lagrange and Route 44 in Pleasant Valley.
This is more sad news for Hudson Valley shoppers who have mixed feelings about the recent announcement of a merger between Hannaford Supermarkets and Stop & Shop. Some fear that fewer choices will lead to higher prices and less choice.
How do you feel about the possible disappearance of A&P? If you currently shop at one of their locations, where do you plan on going if they disappear?