Business & Tech

Stamford A and P Store to Be Sold

A national food store chain is aiming to buy the High Ridge Road store.

It looks like there’s going to be a new name in town when it comes to supermarkets.

ACME Markets announced Tuesday it has entered into an agreement to acquire 76 A&P stores in Connecticut, Delaware, Maryland, New Jersey, New York, and Pennsylvania under the A&P, Superfresh and Pathmark banners.

And among them are the A & P stores in Greenwich and Stamford. In Stamford, the store is located at 1201 High Ridge Rd. In Greenwich, the stores are located at 160 W. Putnam Ave. and in the Riverside neighborhood at 1261 E. Putnam Ave.

Find out what's happening in Stamfordfor free with the latest updates from Patch.

To sign up for breaking Stamford news alerts and more, click here.

The offer is subject to legal and bankruptcy court approvals, following A&P’s Chapter 11 filing on July 19, including the potential for higher bids to be submitted and anti-trust approval, according to a statement from ACME, that was founded in 1891. A&P has asked the court for an order requiring other bidders to submit their bids by Sept. 11, with an expectation that court approval for the sale of the stores are received by Oct. 15, according to the statement.

Find out what's happening in Stamfordfor free with the latest updates from Patch.

ACME Markets, a wholly-owned subsidiary of AB Acquisition LLC (Albertsons Companies), operates 107 stores in Pennsylvania, Delaware, Maryland and New Jersey.

For a look at all of the stores that ACME intends to acquire, click here.

What do you think of ACME joining the Stamford market? Tell us in the comments below.

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.