Comment on One of America's biggest grocery chains is on the brink of death

One of America's biggest grocery chains is on the brink of death

"Bids for A&P were due last month as part of an auction for the company, but no viable offers for the entire chain were received," Bloomberg reports, citing sources familiar with the situation. Consumers are also now demanding a wider selection of organic foods and private label options than ever before, which has led to the success of chains like Whole Foods and Trader Joe's.

 

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