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In 1939, the chain began a wholeheartedly move toward the new newer trend of supermarkets, operating 1100 supermarkets and closing over half of the older “economy stores”. By 1940, A&P reduced its number of stores to just over 6000 while increasing its sales by more than half. Continuing on this successful trend, A&P had reduced its number of stores to just over 4500 by 1949, and continued to see greatly increased sales.<ref>http://www.groceteria.com/store/national-chains/ap/ap-history</ref>
In 1939, the chain began a wholeheartedly move toward the new newer trend of supermarkets, operating 1100 supermarkets and closing over half of the older “economy stores”. By 1940, A&P reduced its number of stores to just over 6000 while increasing its sales by more than half. Continuing on this successful trend, A&P had reduced its number of stores to just over 4500 by 1949, and continued to see greatly increased sales.<ref>http://www.groceteria.com/store/national-chains/ap/ap-history</ref>
By the 1950's the chain began a steady decline, as it failed to keep up with modern conveniences in its stores. Attempts to grow via acquisitions and store renovations generally failed, and the chain twice filed for [[Chapter 11]] bankruptcy in the 2010’s. Later in 2015, they shut down all supermarkets and ceased all operations by August 2016. Many of their supermarkets were sold to Albertsons-ran [[ACME Markets]] and Ahold-ran [[Stop & Shop]], however some are still standing abandoned to this day.
By the 1950's the chain began a steady decline, as it failed to keep up with modern conveniences in its stores. Attempts to grow via acquisitions and store renovations generally failed, and the chain twice filed for [[Chapter 11]] bankruptcy in the 2010’s. Later in 2015, they shut down all supermarkets and ceased all operations by August 2016. Many of their supermarkets were sold to Albertsons-ran [[Acme Markets]] and Ahold-ran [[Stop & Shop]], however some are still standing abandoned to this day.
However, the Eight O'Clock Coffee brand still exists: it was sold in 2003 and is now part of the Indian-based Tata conglomerate.
However, the Eight O'Clock Coffee brand still exists: it was sold in 2003 and is now part of the Indian-based Tata conglomerate.