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A&P posts $28.5 million net loss for Sept. 13 through Oct. 10 period
By Mark Reccek
Bethlehem, Pa., Nov. 24 – The Great Atlantic & Pacific Tea Co., Inc. (A&P) reported a $28.5 million net loss for the period of Sept. 13 through Oct. 10 on $300.18 million in sales, according to its monthly operating report filed Nov. 24 with the U.S. Bankruptcy Court for the Southern District of New York.
For the period of Aug. 16 through Sept. 12, the company posted a $34.93 million net loss on $345.48 million in sales.
Also, the company had $196,347 in cash and cash equivalents as of Oct. 10, compared to $190,230 as of Sept. 12.
Great Atlantic & Pacific Tea, a Montvale, N.J.-based supermarket chain, filed for bankruptcy on Dec. 12, 2010. Its Chapter 11 case number is 10-24549.
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