Acme to Buy 76 A&P Supermarkets
Soon after the A&P supermarket company filed for bankruptcy, it entered into an agreement to sell 76 of its 296 stores to Acme Markets. The supermarkets are under the A&P, Superfresh and Pathmark banners in Pennsylvania, New Jersey,Delaware, Connecticut, Maryland and New York.
Here is a list of the Philadelphia-area stores Acme hopes to buy:
- Superfresh 180 West Girard Avenue, Philadelphia
- Superfresh 1305 West Chester Pike. Havertown, Pa.
- Superfresh 800 2nd Street, Southampton
- Superfresh 309 S. Fifth Street, Philadelphia
- Superfresh 1001 South Street, Philadelphia
- Superfresh 1812 Marsh Street, Wilmington, Del.
- Superfresh 250 E. Lancaster Avenue, Wynnewood, Pa.
- Superfresh 1025 Youngsford Road, Gladwyne, Pa.
- Pathmark 2101-41 Cottman Avenue, Philadelphia
- Pathmark 7700 Crittenden Avenue, Philadelphia
- Pathmark 4365 Robert Kirkwood Highway, Wilmington, Del.
- Pathmark 643 Conchester Pike, Boothwyn Pa.
A full list of the stores can be found here. If Acme’s purchase goes through, the stores will be converted to the Acme banner. Financial terms of the deal were not disclosed.
Acme can still be outbid, however, as A&P has asked the bankruptcy court for an order requiring other bidders to submit their bids by September 11, 2015. A sale is expected to be finalized by October 15, 2015.
Acquired by Albertsons in 2013, Acme operates 107 stores across Pennsylvania, Delaware, Maryland and New Jersey.
A&P is closing 25 underperforming stores — nine of which are Superfresh and Pathmark locations in the Philadelphia area. See the list here.