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New York-Based Grocery Chain Buys at Least Three Cape Cod, Mass., A&P Shops.

Knight Ridder/Tribune Business News, March, 2003

By Ethan Zindler, Cape Cod Times, Hyannis, Mass. Knight Ridder/Tribune Business News

Mar. 25--A&P has sold at least three more of its Cape and islands stores, and appears well on its way to exiting the region.

The New Jersey-based grocery chain's markets in Provincetown, South Yarmouth, and Nantucket have been purchased by GU Family Markets, a New York state-based chain, according to various sources.

Last month, the chain sold its two Martha's Vineyard stores to Stop & Shop.

An A&P press release announced the sale of eight of the company's markets to GU and said the transaction "will conclude A&P's previously announced divestiture in northern New England."

A spokesman for GU confirmed that the Provincetown store was...

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