A&P Sale Motions Approved

The US Bankruptcy Court approved three Great Atlantic & Pacific Tea Company motions to sell the assets of certain of the company's SuperFresh banner stores located in the Maryland/D.C. area (Southern Stores) to the highest and best bidder. The Court approved the following: (I) the sale of certain prescription drug inventory and pharmacy customer records assets located at the seven Southern Stores to Safeway, Inc., Walgreens Co., and Maryland CVS Pharmacy, L.L.C.; (II) the assumption and assignment of a lease agreement between A&P and landlord Englar Center Limited Partnership; and (III) the sale of the Debtors' leasehold interest, inventory, furnishings, equipment, and pharmacy assets of the SuperFresh Ellicott City, Maryland store location to SuperValu, Inc.