This has led to the expansion of the company by competitors such as Whole Foods and Kroger, which have attracted more customers whose interests have changed in recent years to include organic and healthy foods. Blame bad business decisions, including an early exit from California`s fast-growing markets, or blame other failed strategies like the 2007 Pathmark acquisition. Ultimately, the lack of responsiveness to changing consumer tastes is responsible. Without the proposed sales, A&P «will have no choice but to liquidate its business in a fire and piecemeal sale,» the company`s restructuring director, Christopher McGarry, said in the bankruptcy filing. A&P was once the king when I was a kid. In the 80s, things started to fall apart when many new competitors arrived and were able to reduce A&P with their high labor costs. The retail industry for supermarkets has changed dramatically, with all types of players in the game and now with online convenience, especially in cities, which has further undermined the business of A&P among others that have consolidated or merged. Let`s face it, innovation in the grocery sector is difficult. But it`s doable, as so many other companies have shown. Kevin hits him pretty well.

Like in hockey, if you don`t keep your head up, you`ll be touched. Founded in 1859 by George Gilman as Gilman & Company, the company opened a small chain of teas and coffees in New York Within a few years. This company became a mail order company. The company grew to 70 stores in 1878. Gilman handed over the leadership to George Huntington Hartford, who made A&P the nation`s premier food chain. By 1900, A&P operated nearly 200 stores. A&P has only done what other mediocre chains do, which is to continue to acquire other mediocre chains so as not to disappear. Bad times will never be so good. The fact that A&P is still in business right now is a miracle. Although they caused most of their problems themselves, they survived for about 20 years beyond expectations.

Therefore, I`m not going to question all these missed opportunities because A&P survived long enough to see others come and go. The new owner could also take a similar path to that of Virginia chain Ukrop`s, which left the grocery store in 2010 but has since entered the prepared food space. Some of the private labels/organic brands under the umbrella of A&P, such as Live Better or Greenway, could themselves expand into a similar category. «The best and only viable way to maximize the value of your business and preserve thousands of jobs is to file a Chapter 11 strategic deposit to facilitate free and liability-free selling,» McGarry said in the filing. Bi-Lo, Winn-Dixie, Albertsons-Safeway, Marsh, Roundy`s, Haggen, Fairway (to name a few) are all under death watch. Maybe not in this decade, but in the next one. Or maybe until Christmas. Of course, they missed opportunities to remain viable. But staying viable is not always the goal and desired outcome of a food chain. Many of us in the industry have earned an honest and dishonest dollar for the bad decisions perceived by A&P and other distressed grocers.

It`s easy to blame Walmart, unions, or corporations. Those of us who work in the real estate recycling field have been A&P the gift that continues to give. A few approaches could «continue the legacy.» The new owner could, for the third time in a decade or so, try to fully revive the A&P business as a competitive food brand, perhaps using its history and iconic brand image as true differentiators in the field. However, this would require a rapid turn of nearly 180 degrees to modernize the company to integrate it into today`s agile, crowded and digital market. Nevertheless, big brands have made bigger comebacks (see: Apple). The company paved the way for many other future companies in the way they vertically integrated their businesses. Profits will always be higher if you sell your own products instead of another company. A&P introduced its own brand called Ann Page, which produced a variety of products that sold for less than brand names. It wasn`t a brand company applauding the grocery store name on its products. A&P actually made its own products.

The company even bought fishing fleets and fished itself. The company also produced its own baked goods and even went so far as to publish its own magazine called Woman`s Day. .