A&P bankruptcy (2015)
The Great Atlantic & Pacific Tea Company, once the largest U.S. grocery chain with 15,000 stores, filed for bankruptcy for the second time. It closed all remaining locations, ending a 156-year run.
Thousands of workers lost jobs; stores sold or shuttered.
The bankruptcy symbolized the pressure on traditional grocery retailers from discount chains and changing consumer habits.
A&P's fall shows how even giants struggle in the grocery business. Webb's Market, as a small independent, faces the same competitive pressures on a neighborhood scale.
