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The Great Atlantic and Pacific Tea Company, better known as A&P, is a supermarket chain in the United States and Canada. It was founded in 1859 as The Great American Tea Company by George Huntington Hartford and George Gilman . It was renamed "The Great Atlantic and Pacific Tea Company" in 1870. In 1920s and 1930s the company dominated the American retail market, with 80% of the supermarket business and five times as many stores as Wal-Mart has today (albeit not as large). The company put extraordinary pressure on its suppliers, similar to what Wal-Mart does today, which led to passing several antipredatory-pricing laws by Congress.Today it operates a total of 630 stores, 453 stores through its A&P US unit in ten U.S. states and the District of Columbia, and 177 stores through its A&P Canada unit in the Canadian province of Ontario. The company, which is listed on the New York Stock Exchange, boasts an annualized sales volume of almost eleven billion dollars and employs approximately 78,000 workers. Its corporate and U.S. headquarters is located in Montvale, New Jersey and its Canadian headquarters is located in Toronto. It operates ten other retail banners besides A&P, which include conventional supermarkets, food and drug combination stores, and discount food stores.
Its current President & CEO is Christian W.E. Haub .
1 Banners
1.1 A&P US
- A&P
- Waldbaum's
- A&P Super Foodmart
- The Food Emporium
- Super Fresh
- Farmer Jack
- Sav-A-Center
- Food Basics
1.2 A&P Canada
- A&P
- Dominion
- Ultra Food & Drug
- Food Basics
- The Barn Markets
2 External links
Great Atlantic & Pacific Tea Company, The
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