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The New Orleans Times-Picayune reports that both Publix Super Markets and HE Butt have both decided not to bid on the Sav-A-Centers in New Orleans that the Great Atlantic & Pacific Tea Co. (A&P) said last week that it plans to sell.

And, the paper reports, while two local independents – Rouses and Breaux Mart – have said they would like to pick up some of the sites, A&P wants to sell the stores as a package to one buyer.

The Times-Picayune writes, “A&P said it is in negotiations with several potential buyers and that it hopes to close a deal within 30 days. The company has refused to identify potential buyers, citing confidentiality agreements with all the parties it is in talks with. So until a formal announcement is made, discussion about who might take the stores over is purely speculative.”

A&P is the third-ranked food retailer inn the market, behind Wal-Mart and Winn-Dixie, with an 18 percent market share.
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