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    Key Food Stores Acquires 19 A&P Locations

    Sale reported at $28M

    Staten Island-based Key Food Stores Cooperative Inc. will acquire 19 of the 120 locations A&P is divesting through its bankruptcy. The stores currently operate under the A&P, Food Basics, Food Emporium, Pathmark and Waldbaum’s banners.

    The $28 million deal is not final until approved by the bankruptcy court. A&P also is slated to sell 25 stores to Stop & Shop Supermarket Co. and 76 stores to ACME Markets.

    Key Food Stores Co-op encompasses 186 independently-owned supermarkets throughout New York, New Jersey, Pennsylvania and Connecticut.

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