The owner of the Superfresh grocery chain said Wednesday that it will shut down 13 Baltimore-area stores in July because it can't find anyone to buy the properties.
Superfresh owner A&P, which is working its way through bankruptcy, said last month it was trying to sell 25 Superfresh stores, mostly in the Baltimore area. It announced earlier this week it had found buyers for 12 locations, and notified the bankruptcy court in New York on Wednesday. The company said it should generate more than $40 million from the sale of the stores.
Any sale would require the approval of a bankruptcy court.
Mrs. Green's Management Corp. and Village Super Market Inc. has agreed to buy 10 of the stores in a joint venture. They include stores on Charles Street and 41st Street in Baltimore, and others in Parkville, Arnold, White Oak, Lutherville-Timonium, Cambridge, Chestertown, Brunswick and Washington.
To read the rest of the story, please go to: The Baltimore Sun
