MONTCLAIR, NJ - On Tuesday, TAP into Montclair reported that the employees of the Lackawanna Plaza Pathmark in Montclair had received termination letters.
Sources close to the matter indicate that the letters were 'procedural' and that A&P officials were still looking for a buyer for the store as part of their July 19 Chapter 11 bankruptcy proceedings.
On Wednesday, TAP into Montclair obtained a copy of a letter sent to Montclair Mayor Robert Jackson on Monday. This letter indicates that the A&P store has been sold and that the Pathmark store is still in search of a buyer.
The letter specifies, "As part of the Chapter 11 process, ...the company has already signed contracts to sell 120 stores...identified on the attached Exhibit A." The Upper Montclair A&P store is listed on Exhibit A and has been slated to be sold to Stop and Shop.
The letter further indicates, "As part of the Chapter 11 process, the company is actively marketing all the stores identified on Exhibit B." Exhibit B includes the Montclair Pathmark.
If both of the stores are sold, the employees should receive notice from their prospective employer(s). If they are not rehired, the letter indicates the employee(s) will be notified during the "two week period between November 12, 2015 to November 26, 2015."