Unsold A&P Stores Back up for Auction Thursday

Just one-third of the stores A&P put up for auction Oct. 1 and 2 as part of its bankruptcy proceedings received bids, according to Supermarket News.

There were 108 stores in the auction and 36 received winning bids.

Another auction is scheduled for Thursday.

Key Food, a Staten Island based food cooperative, won the bidding for the store in Port Chester and the Food Emporium in Bedford. Best Yet Market picked up the Yonkers store. Stop & Shop bought the Mount Kisco store, A&P’s flagship.

Read the Supermarket News article here.

A&P, which was founded in New York 156 years ago, fell on hard times in recent years, particularly after it acquired Pathmark in 2007.

A&P and Pathmark had numerous locations, including Nanuet and Valley Cottage in Rockland County and Bedford, Brewster, Goldens Bridge, Mount Kisco, Port Chester, Yorktown Heights, Thornwood, Harrison, Millwood, Mahopac, Scarsdale, New Rochelle, Hastings-on-Hudson, Croton-on-Hudson, Mamaroneck, Greenburgh, Bronxville, Yonkers, Briarcliff Manor, Shrub Oak, Mohegan Lake and Peekskill in Putnam and Westchester counties.

SEE: A&P Sells Stores, Reveals Insider Payments

A bulk sale of A&P stores to Acme and Stop & Shop occurred in September. Those could be operating under their new ownership by the end of the month.