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Essay / Research Paper Abstract
This 6 page paper examines this once proud company, looking at the history and the recent financial performance including a ratio analysis, before coming to the conclusion that this would be a very risky investment. The bibliography cites 6 sources.
Page Count:
6 pages (~225 words per page)
File: TS14_TEgrtatl.rtf
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Unformatted sample text from the term paper:
who were spice merchants, the original purpose of the company was the mail order sale of tea and spices (A & P, 2004). This company was once the largest bagger
of US grocery provisions (Hoover, 2004). During the 1920s there were 15,418 and the turnover was $1 billion, a very influential store at this time. However with the introduction and
increasing popularity of the supermarket, by the 1940 a consolidation was taking place with larger shops taking over from the more numerous smaller shops. By 1960 there has been a
reduction to only 4,351 across 37 states. The 1980s were difficult years, many loss making stores where closed, and the company attempted to increase value with an acquisition; Stop &
Shop in 1981 and Kohls Food Stores in 1982. However, difficulties are not totally left behind ad further divestment has to occur in 2003 when a range of stress are
sold off in order to reduce the debt levels (A & P, 2004). Today, the company has dissolved and operates 645 stores
in 11 states including the District of Columbia, with a range of regional grocery chains which stretch to Canada (A & P, 2004). Operations also take place with the core
brand name of A & P, in Canada operations take place under the name Dominion In Michigan and Ohio they have Farm Jack, the East Coast of the US from
New Jersey to Virginia there are Super Fest, in New York, Waldhaums and in Louisiana Sav-A-Center (Hoover, 2004). The company does not limit itself to only these grocery stores,
but also produces private label goods that are also on sale thought the US and Canda (A & P, 2004) With the operations two counties there is a natural
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