RAMSEY, N.J. — The fate of Pathmark in Ramsey remains uncertain following another round of bidding in A&P’s bankruptcy auctions, northjersey.com reports . Pathmark is owned by A&P.
The grocery store company, which filed for bankruptcy protection in July, has found buyers for all but eight of its properties in Bergen and Passaic counties. Another round of bidding is planned for Thursday.
Last week, 108 properties went up for auction, with buyers for 36 properties, according to the website. Stores that are not purchased will likely return to their landlords.
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Mahwah's A&P was purchased by ACME, which company officials said will be converted before Thanksgiving.
"Typically the stores will be closed for just a few days while we convert them into an ACME," Danielle D'Elia, communications manager for ACME told Daily Voice.
"We intend to hire/make offers to substantially all of the store-level A&P employees at the stores we are acquiring and welcoming them to the ACME Markets team," she added.
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