Such an old brand - A&P. It also went under the brandnames Food Emporium and Pathmark. Today, it exited bankruptcy, which it had filed in 2010, reports BLOOMBERG.
The question is if it can make it in a post-supermarket era? Kroger, for example, is heavy with debt. If it weren't for that some European company would probably take it over and turn it into something else.
The Baby Boomers among us remember when the model of A&P was an innovation, as much a game-changer as Wal-Mart had been. The butcher, baker, and candlestick maker in the neighborhood went out of business.
Then A&P got lost. Then it wouldn't have done much good to be found because big boxes and extreme discounters controlled the new game based on low price points. They still do.
Time will tell if the supermarket has a comeback. In time we will also find out if A&P, which has financing help from Ron Burkle's Yucaipa Companies, can rebrand itself. IBM did, after almost filing a Chapter 11. Now, it's a leading provider of high-tech services.