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Company Directory - The Great Atlantic & Pacific Tea Company

Company Details - The Great Atlantic & Pacific Tea Company

The Great Atlantic & Pacific Tea Company Logo

The Great Atlantic & Pacific Tea Company

New York, United States

The Great Atlantic & Pacific Tea Company, commonly known as A&P, was a supermarket retailer that once operated a chain of grocery stores across the northeastern United States.

CCI Score

CCI Score: The Great Atlantic & Pacific Tea Company

-45.62

0.03%

Latest Event

A&P Bankruptcy Strategy Undermines Labor Rights

The article details A&P’s recent bankruptcy proceedings which include plans for a rapid asset sale and potential unilateral rejection of labor agreements under bankruptcy law. This approach has drawn fierce criticism from union representatives who warn it will further exploit workers already burdened by previous concessions.

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QUISLING

The Great Atlantic & Pacific Tea Company is currently rated as a Quisling.

-44 to -59 CCI Score
These companies are fully aligned with authoritarian regimes. They not only support but also enforce oppressive policies, playing a significant role in the regime’s operational apparatus and contributing directly to its consolidation of power.

Latest Events

  • A&P Bankruptcy Strategy Undermines Labor Rights Logo
    OCT
    01
    2023

    The article details A&P’s recent bankruptcy proceedings which include plans for a rapid asset sale and potential unilateral rejection of labor agreements under bankruptcy law. This approach has drawn fierce criticism from union representatives who warn it will further exploit workers already burdened by previous concessions.

  • -70

    Labor Relations and Human Rights Practices

    March 29

    A&P's approach to restructuring its labor obligations through bankruptcy law, including a plan to reject parts of its union contracts, poses a serious threat to worker rights. This move undermines established labor protections and echoes past exploitative practices, drawing justified pushback from union representatives who are prepared to contest further erosions of their members' rights.

    Analysis: A&P bankruptcy sets showdown with labor

  • A&P Leaves 21,000 Pensioners Exposed Post-Bankruptcy Logo
    DEC
    01
    2015

    The article details how A&P’s rapid bankruptcy liquidation and asset sell-off left several pension plans severely underfunded, forcing the federal Pension Benefit Guaranty Corporation to cover a shortfall of nearly $288 million. The company's management is criticized for neglecting worker and pensioner rights, with former employees and union representatives alleging executive mismanagement and deliberate actions that exacerbated the financial distress of the pension plans.

  • -80

    Labor Relations and Human Rights Practices

    March 29

    A&P's management, by prioritizing a swift liquidation over protecting its pensioners, exhibited unethical labor practices. The abandonment of 21,000 pensioners and the decision to allow large underfunded pension plans, forcing federal intervention, reflect a disregard for worker rights and human dignity, which is a serious violation of ethical business practices.

    A&P Supermarket Chain Stiffs 21,000 Pensioners, Government Will Pick Up $288 Million Tab

Industries

424410
General Line Grocery Merchant Wholesalers
445110
Supermarkets and Other Grocery Retailers (except Convenience Retailers)
445120
Convenience Stores