Tuesday, October 15, 2013

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Report: Pathmark for Sale - Business - Peekskill-Cortlandt, NY Patch
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Report: Pathmark for Sale
The Wall Street Journal (subscription required) reported that Pathmark parent company, Great Atlantic & Pacific Tea Co. (A&P), is seeking to sell the company after emerging from bankruptcy in 2012.
The Journal, citing an internal company memo sent to store managers by Great Atlantic Chairman Gregory Mays, said a number of options to fund growth are being explored. Among those options are raising capital tofu and a refinancing. The memo also indicated sale of the company is possible.
There are several A&P stores locally: 1886 Pleasantville Road, Briarcliff 1511 Route 22 Brewster 230 Saw Mill Road, Millwood 2005 Albany Post Road, Croton on Hudson 195 N. Bedford Road, Mount Kisco 20 Welcher Ave., Peekskill 100 Triangle Center, Yorktown Heights 3105 East Main St., Mohegan Lake 132 Bedford Road, Katonah 1366 E. Main St., Shrub Oak 422 Old Post Rd. Bedford 610 Columbus Ave., Thornwood RT 22 & RT 138, Goldens Bridge
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