Farmer Jack - Liquidation

Liquidation

In April 2007, A&P announced its decision to focus on its core Northeast division; Farmer Jack was one of the chains put up for sale. In June, A&P announced that Farmer Jack would cease to exist as of July 7, 2007; its remaining stores were shut down on that date.

Kroger acquired 20 former Farmer Jack's stores while independent grocers collectively bought 21. In an October 2007 SEC filing A&P revealed that it received approximately $110 million for 41 former Farmer Jack sites, and that 2 warehouses and 25 stores remained for sale.

In June 2010 A&P ended lease payments at vacant Farmer Jack stores; affected property owners responded with 24 lawsuits against A&P. In December 2010 A&P filed for bankruptcy; the filing cited dark leases from discontinued operations like Farmer Jack as a factor in its decision.

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