I have A Question And An Example

Discussion in 'Off-Topic' started by loosewire, May 4, 2012.

  1. loosewire

    Thread Starter AAC Fanatic!

    Apr 25, 2008
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    When is the last time you saw a A&P food store.They seem to disapear

    years ago. Now Walmart is the food store you see every where. The

    A&P stores have been in the courts for years,I heard a report that

    they come out of bankrupty. So what does that mean,where the

    money and stock and who lost what. How much money is still in

    company,did it come back under a different name. The point is

    that a company can disapear for years and come back queitly

    and who win what in the courts years later.
     
  2. gerty

    AAC Fanatic!

    Aug 30, 2007
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    I haven't heard the name A&P (Atlantic & Pacific) in years, at least 20 or better.
     
  3. Sparky49

    Active Member

    Jul 16, 2011
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    I haven't seen Safeways for a long time.
     
  4. loosewire

    Thread Starter AAC Fanatic!

    Apr 25, 2008
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    The point here is that A&P was in court and now back with old name on

    paper.I'm trying to find out,if after all these years they come back with

    money and pop up with a different name.Like Walmart or other box stores

    can buy these old properties that is zoned right for a discount. A point,

    a business can close its doors,leave owning money...come back later

    with money on paper,never going away in the legal system. A point,

    there is alot of closed busineses with people holding cash and you

    think they are gone.Is anyone getting this scam on small investors.
     
    Last edited: May 4, 2012
  5. loosewire

    Thread Starter AAC Fanatic!

    Apr 25, 2008
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    @ Gerty,they just came back,I'm trying to find out how and how much

    holdings still survive the process and how long it took. What will happen

    next with the name and holdings. Maybe a long wait legal scam.
     
  6. Wendy

    Moderator

    Mar 24, 2008
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    Safeway used to be in Dallas, but last I heard they moved back west.
     
  7. Sparky49

    Active Member

    Jul 16, 2011
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    I only ever saw a Safeways in Elgin (Scotland).
     
  8. strantor

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    Oct 3, 2010
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    I saw lots of safeways up in canada. When I shop at Randalls here, I see safeway's logo on it; I think they are one in the same.
     
  9. loosewire

    Thread Starter AAC Fanatic!

    Apr 25, 2008
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    Guys,I'm talking about store that disapear on the street,but stay in business

    on paper with the courts for years,resurface with holding,what happen to the

    investors money on paper,do they get scammed.
     
  10. strantor

    AAC Fanatic!

    Oct 3, 2010
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    maybe they're still selling their stuff through other storefronts, like safeway sells through randall's storefronts.

    Yes, I make the safe assumption that the investors get screwed
     
  11. loosewire

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    Apr 25, 2008
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    That agood example.
     
  12. shortbus

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    Sep 30, 2009
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    A&P's 8 o'clock coffee has been on the shelves around here since they went under.
     
  13. maxpower097

    Well-Known Member

    Feb 20, 2009
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    Well you have many types of grocery stores.
    The superstores like:
    Walmart
    Kroger

    The Standards like
    Publix
    Winn-Dixie
    Snucks
    Piggly Wiggly

    The Super Organic ones
    Whole Foods
    Wild Oats
    Fresh Market

    Then the Ghetto Markets like
    AIME
    A1 GROCERY
    Northside Market.
    *** Basically the guys who moved in when U-Save or who ever else moved out because the neighborhood got too rough.
     
  14. loosewire

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    Apr 25, 2008
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    Who is the landlord,no simple way of knowing,could be bank a receiver

    working for a legal firm.It still hides ownership expenses to lease can

    be written off.Lets face it there are some things we won't know except

    being apart of the process.
     
  15. maxpower097

    Well-Known Member

    Feb 20, 2009
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    OK I see what your saying. I think most of them just scale back really far. Like Ace Hardware. Used to be everywhere before the homedepot scam then they got destroyed and only live in small towns in select places. Rite Aids another that got cut way way back. From what their site says all the A&P's are around NY. They really don't go more then a state away from NY. I can proudly say I live in a place with no Krogers at all.
     
  16. Wendy

    Moderator

    Mar 24, 2008
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    Hadn't heard about any scams from HD, got a source?

    They did get nailed for pulling a Circuit City. When it was pointed out to them they reformed, as did Lowe's. Like Circuit City, their sales were suffering due to the stupidity of it all. It is what happens when accountants are allowed to control that which they do no understand.
     
  17. maxpower097

    Well-Known Member

    Feb 20, 2009
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    No I just mean the way they opened. Watch the documentary on HD. When they opened in Atlanta in the 80's they spent all their money on the building and marketing. So they bought 1 of each item, and 100 boxes for each item. So there would be one model on display and 100 boxes in stock, but all those boxes were empty and were sent back to the mnf.'s later that week when they could afford stock. I pretty much consider HD and Lowes the walmart of tools and home improvement. They've run out of business so many mah and pah tile places, wood, nurseries, carpet places, etc... its amazing. Like Walmart vs your local stores. So there is no real "scam" to say but thats the "scam" they used to open the doors with no money.
     
  18. Wendy

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    Mar 24, 2008
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    I don't have a problem with them myself, but I do find it very humorous that where ever one opens the other is not far behind. Not quite the same problem as with Walmarts. It is as both sides have this masochistic desire to have their store fronts facing each other.
     
  19. maxpower097

    Well-Known Member

    Feb 20, 2009
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    I'll take some pics down here, its the same HD across from Lowes and vice versa. But with out baby boomers the big one is pharmacies. I can take pictures of streets where 1 intersection will have a CVS, Walgreens, and 2 Private pharmacies. Its plain scary.
     
  20. strantor

    AAC Fanatic!

    Oct 3, 2010
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    There's 2 intersections within a mile of here, where there is an autozone, and o'reilleys, and advance auto parts on opposing corners of the intersections. I don't know why they do this; do they watch eachother's storefronts and count customers, keeping some bean count?
     
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