retail news in context, analysis with attitude

Reuters reports that the troubled Great Atlantic & Pacific Tea Co. (A&P) has asked the court overseeing its bankruptcy issues for permission to close 32 stores in six states - just the beginning of what the company said late last year might be a move to close as many as 100 of its 395 stores.

The company has been in bankruptcy protection since December.
KC's View:
Dead company walking. Or maybe just stumbling.