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A&P Q1 Comps Rise; Losses Grow on Noncore Divestments
MONTVALE, N.J. -- The Great Atlantic & Pacific Tea Co., Inc. Friday reported first-quarter sales in its core Northeast operations of $1.68 billion vs. $1.65 billion last year, with comparable-store sales rising 1.0 percent. Total company sales for the first quarter were $2.0 billion, vs. $2.0 billion in last year's first quarter.