| Business Summary | | The
Great
Atlantic
&
Pacific
Tea
Company
Inc.
is
engaged
in
the
retail
food
business.
The
Company
operated
750
stores
averaging
approximately
35,900
square
feet
per
store,
as
of
February
26,
2000.
In
addition,
the
Company
began
franchising
as
wholesaler,
its
Canadian
Food
Basics
stores
in
fiscal
1995.
As
of
February
26,
2000,
the
Company
served
as
wholesaler
to
65
franchise
stores
in
Canada
averaging
approximately
29,400
square
feet
per
store.
Operating
under
the
trade
names
A&P,
Super
Fresh,
Sav-A-Center,
Farmer
Jack,
Kohl's,
Waldbaum's,
Super
Foodmart,
Ultra
Food
&
Drug,
Dominion,
Food
Basics,
The
Barn
Markets
and
Food
Emporium,
the
Company
sells
groceries,
meats,
fresh
produce
and
other
items
commonly
offered
in
supermarkets.
In
addition,
many
stores
have
bakery,
delicatessen,
pharmacy,
floral,
fresh
fish
and
cheese
departments,
and
on-site
banking. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GAP
is
a
supermarket
company
which
operates
under
the
names:
A&P,
Super
Fresh,
Sav-A-Center,
Farmer
Jack,
Kohl's,
Waldbaum's,
Super
FoodMart,
Ultra
Food
and
Drug,
Dominion,
Food
Basics,
The
Barn
Markets
and
Food
Emporium.
For
the
16
weeks
ended
6/16/01,
sales
rose
6%
to
$3.39
billion.
Net
loss
totalled
$7.1
million
vs.
an
income
of
$5.6
million.
Results
reflect
an
increase
in
comparable
store
sales
and
new
store
openings
offset
by
inventory
and
non-recurring
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Christian Haub, 35 Chairman,
Pres, CEO | $952K | Fred Corrado, 60 Vice
Chairman, CFO | 762K | John Dunne, 61 Chairman
and Co-CEO of The Great A & P Company of Canada, Ltd. | -- | Brian Piwek, 53 Pres
and CEO - The Great Atlantic & Pacific Company of Canada, Limited | -- | Craig Sturken, 56 Pres
& CEO of the Company's Atlantic Region. | -- | Dollar
amounts are as of 26-Feb-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|