SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 8, 1998
THE GREAT ATLANTIC & PACIFIC TEA COMPANY, INC.
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(Exact name of registrant as specified in its charter)
Maryland 1-4141 13-1890974
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
2 Paragon Drive, Montvale, New Jersey 07645
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (201) 573-9700
None
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(Former name or former address, if changed since last report.)
Item 5. Other Events.
On December 8, 1998, the registrant embarked on a program of strategic
initiatives. The major elements of these initiatives include plans to accelerate
its store modernization program over the next three years, opening between 175
to 200 new superstores; to exit 127 non-strategic stores; to realign and
consolidate distribution and manufacturing facilities and administrative
functions; to reduce working capital and to dispose of other non-strategic
assets.
For additional information, reference is made to a press release made on
December 8, 1998, a copy of which is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits. The following exhibits are filed herewith and incorporated
herein by reference:
Exhibit No. Description
99.1 Press Release dated December 8, 1998
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
THE GREAT ATLANTIC & PACIFIC
TEA COMPANY, INC.
Date: December 9, 1998 By: /s/ Robert G. Ulrich
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Name: Robert G. Ulrich
Title: Senior Vice Preisdent
and General Counsel
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EXHIBIT INDEX
Number Description
99.1 Press Release dated December 8, 1998
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