11/19/2007:

It was recently announced that A&P purchased a successful NYC wine company. I’ve never been a big fan of A&P’s beer selection (haven’t seen the wine choices). I wonder if this new acquisition will help improve their offerings at the Hoboken location?

A&P Buys Wine Retailer

On November 15th, 2007, the Great Atlantic & Pacific Tea Company, Inc. announced it bought Best Cellars Inc., a New York City-based wine retailer. A&P says that as part of the transaction, Best Cellar co-founder Joshua Wesson will join the Montvale-based supermarket chain as senior director of beer, wine & spirits. The purchase price will be based upon the growth of A&P’s beer, wine and spirits business, and will be calculated and paid after four years.

A&P, which plans to buy the Carteret-based chain of Pathmark Stores Inc. for $1.3 billion in cash, stock and debt, currently operates 19 freestanding wine and liquor stores, and 12 in-store departments in New York, New Jersey Connecticut and other markets.

Founded in 1859, A&P operates 315 stores in six states and the District of Columbia under such brands as A&P, Waldbaum’s, The Food Emporium, Super Foodmart, Super Fresh and Food Basics.

Description – Supermarket
Services – Grocery, Liquor. Delivery
Website – www.apsupermarket.com
Address – 614 Clinton St, Hoboken, New Jersey ( NJ ) 07030-2803
Telephone – (201) 795-1783

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