Great Atlantic and Pacific Tea News

The Great Atlantic & Pacific Tea Company, Inc. has launched a new online coupon gallery for its grocery stores, including Super Fresh in the Baltimore area.

A California investment company revealed Wednesday it has acquired a 25% ownership stake in The Great Atlantic & Pacific Tea Co., gobbling up shares on the open market, according to a report by Supermarket News.

Steven Boal, CEO of Coupons.com Incorporated said, "More and more consumers are turning to the Internet as a source for budget-stretching offers and A&P is giving them the savings they are looking for." What is the incentive to offering a coupon? Consumer loyalty is one.

Editor's note: This is the first of a two part-series. There are always two important details regarding the pending arrival of Christmas.

Toledo Mayor Jack Ford yesterday said he is prepared to provide unspecified economic development incentives to Farmer Jack to help the company keep open its three stores in Toledo.

Clean but dramatic packaging mirrors the esthetic of the products in A&P's Green Way private-label line.

Since my last update, nearly three months ago, the Basic Food Fund, or "BFF," has risen 6.4% from $182.93 to $194.66 versus an 8.4% increase in the Dow.

Supermarket coupons: Bygone from an earlier era? This column was written by Evan Schuman, the editor of StorefrontBacktalk.com , a site that tracks retail technology, e-commerce and security issues.

Members of the chain's Advantage Club can go online and apply coupons to their account, then redeem them automatically at their next shopping trip.

The Great Atlantic & Pacific Tea Co., based here, introduced a new cheese collection in October.

MONTVALE ,A N.J. Pathmark announced that it has launched a digital coupon service through its new Online Advantage savings program.

After three months and $2 million in renovations, a new food retailer opens at 7 a.m. today at 1700 Park Ave.

The TSX Venture Exchange settled at 1,309.18 up 3.23 points Tuesday. The volume at 5 p.m. was 203.29 million shares.

Retailer Conn's shocked investors Tuesday, with a dismal business update. The Texas-based retailer of consumer electronics, home appliances, and other products said the sharp rise in the unemployment rate in Texas led to a plunge in sales, and a bad results in the performance of its credit portfolio.

Supervalu Inc., one of the nation's largest grocers, says it will revamp its strategy to draw consumers whose shopping habits may be changed forever by the recession.

Great Atlantic & Pacific Tea Co., operator of the A&P supermarket chain, promoted a new executive a day after it ousted its former president and CEO, Eric Claus, amid dismal second-quarter earnings, according to a release.

Eric Claus, who was brought in from Canada to remake and revitalize grocer A&P, is out as president and chief executive officer, after four years at the helm of the Montvale-based supermarket chain.

Greenwich resident Christian Haub took over Tuesday as chief executive officer of the Great Atlantic Pacific Tea Co.

Great Atlantic and Pacific Tea F2Q09 Earnings Call October 20, 2009 11:30 am ET Executives Christian Wilhelm Erich Haub - Executive Chairman of the Board Brenda M. Galgano - Chief Financial Officer, Senior Vice President Analysts John Heinbockel - Goldman Sachs Bob Summers - Pali Capital Reed Kim - Banc of America Presentation Operator Good morning ...

MGM Mirage Inc., /quotes/comstock/13*!mgm /quotes/nls/mgm the Las Vegas casino and hotels operator, expects to report a third-quarter pretax charge of $955 million before taxes for impairment of its investment in CityCenter, a project on the Las Vegas Strip that's scheduled to open late this year.