BNET Industries
Last Fiscal Year Sales:$3.9B
- Public
- US
Dow Jones Description
It's walked a rough path, but this company always manages to put dinner on the table. Founded in 1987 and headquartered in Carteret, New Jersey, Pathmark Stores, Inc. (NASDAQ: PTMK) is a supermarket chain. The company owns about 140 markets in Delaware, New Jersey, Pennsylvania and New York. All stores sell foods and general merchandise, while some offer pharmaceutical services. It has more than 3,500 'Pathmark' private-label items plus another 500 'Big Deal' club-size products. The company has annual revenue of about $4 billion and employs approximately 26,000 people. In 2005, the company opened two new stores, one of which was a replacement store, closed four stores and completed eight store renovations.
Chief Executive Officer
Eileen R. ScottNumber of Employees 7,400
Peer Companies
NAICS Code Supermarkets and Other Grocery (except Convenience) Stores: 445110
Recent Events
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STOCKS NEWS US-US consumer comfort index flat in latest week-ABC
News & Analysis
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pathmark stores inc. - All News and Analysis
A&P tops expectations in quarter
MONTVALE, N.J. -- A&P listed a loss from continuing operations for the third quarter of fiscal 2008, in contrast to a profit in the year-earlier quarter, when the sale of its stake in Metro Inc. helped lift the bottom line. But with the adjusted after-tax loss coming in well below...
Martindale joins team at Rite Aid
CAMP HILL, Pa. -- Ken Martindale has joined Rite Aid Corp. as senior executive vice president of merchandising, marketing and logistics, coming to the drug store chain from Pathmark Stores Inc. At Rite Aid Martindale is responsible for category management, merchandising, marketing, supply chain and inventory management for the...
Red ink from continuing operations grows at A&P
MONTVALE, N.J. -- Helped by a big boost to its top line from the acquisition of Pathmark Stores Inc. and a sharp decline in red ink from discontinued operations, A&P managed to narrow its net loss in the second quarter. However, ballooning interest expense from the deal combined with operational...
Pathmark integration impacts gross margin
MONTVALE, N.J.--Both operating and net results for this year's second quarter were impacted at A&P by problems in the integration of the Pathmark operations acquired in the fourth quarter of fiscal 2007. Specifically, the problems resulted in a 143-basis-point reduction of gross margin that was felt at both the operating...
Rite Aid shakes up exec team, names Standley COO
CAMP HILL, Pa. -- John Standley has returned to Rite Aid Corp., assuming the roles of president and chief operating officer. The 45-year-old Standley, who for the past several months has served in an advisory capacity to Rite Aid, takes over the presidency from Mary Sammons, who remains chairman...
Acquisition Bolsters A&P Presence in Rx
MONTVALE, N.J. -- A&P's purchase of Pathmark Stores Inc. last December helped make the chain a stronger provider of community pharmacy services across the northeastern United States. Prior to the merger A&P had limited expansion options for its pharmacy because many of its stores that lacked pharmacy departments were...
French connection in Carteret
Cofinance, Inc., the United States subsidiary of Cofinance Group, a French-owned real estate investment company (collectively "Cofinance"), has purchased 200 Milik Street, a 150,000 s/f office building in Carteret, from Lexington Realty Trust. Cushrnan & Wakefield's Metropolitan Area Capital Markets Group orchestrated the $14.7 million sale. Originally constructed as...
A&P posts big jump in profits from ongoing operations
MONTVALE, N.J. -- Buoyed by a gain on the sale of its remaining interest in Canada's Metro Inc., A&P saw income from ongoing lines more than double during the third quarter of fiscal 2007. Factoring out various special items in both years, the company narrowed its adjusted operating loss from...
Pathmark integration is on
MONTVALE, N.J. -- As A&P quickly moves forward with its assimilation of the newly acquired Pathmark Stores Inc. which will retain its banner, one area that got immediate attention was the integration of the companies' in-store pharmacy operations, now already under a single management team. Indeed, with the vast...
Agilence Names former Pathmark AVP of Loss Prevention Pedro Ramos as Director of Retail Solutions
CAMDEN, N.J. -- Agilence, Inc., the leader in Intelligent Video Auditing Solutions IVAS, today announced the appointment of Pedro Ramos as Director of Retail Solutions. Ramos, formerly served as the assistant vice president for Loss Prevention at Pathmark Stores Inc., a northeastern United States supermarket chain recently acquired by A&P....
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Eileen R. Scott | Chief Executive Officer |
| John T. Standley | Chief Executive Officer |
| Frank G. Vitrano | President |
| Kenneth Martindale | President |
| Robert Schoening | Chief Information Officer |
| Art Whitney | Executive Vice President, Merchandising & Logistics |
| Herbert Whitney | Executive Vice President, Marketing and Logistics |
| John Derderian | Executive Vice President |
| Mark Kramer | Executive Vice President, Store Operations |
| Robert Joyce | Executive Vice President, Human Resources |
| Dave Kelly | Senior Vice President, Store Engineering and Construction |
| Grant S. McLoughlin | Senior Vice President, Sales & Advertising |
| Harvey Gutman | Senior Vice President, Retail Development |
| John J. Ruane | Senior Vice President, Perishable Merchandising |
| Joseph W. Adelhardt | Senior Vice President |
| Kevin R. Darrington | Senior Vice President |
| Marc Strassler | Senior Vice President |
| Mark Barnett | Senior Vice President, Nonperishables Mdsg |
| Robert Candelora | Senior Vice President, Non Foods and Pharmacy Merchandising |
| Sal Olivito | Senior Vice President, Dairy and Frozen Merchandising |
| Craig S. Carlson | Vice President, Produce and Floral Merchandising |
| Edward R. Whitby | Vice President, Store Operations |
| Ernie Koenig | Vice President, Store Operations |
| Frank R. Teresa | Vice President, Store Operations |
| Jim Finocchi | Vice President, Pharmacy Operations |
| John R. Ferrara | Vice President, Pharmacy Services |
| John Sportelli | Vice President, Meat and Seafood Merchandising |
| Richard McGinley | Vice President, Labor Relations |
| Robert Solomon | Vice President, Logistics Administration |
| Rocky Vitale | Vice President, Store Operations |
| Ted Williams | Vice President, Mdsg, Non Food |
| Thomas Connors | Vice President, Store Operations |
| Alex Aidekman | Founder |
| Herb Brody | Founder |
| Milton Perlmutter | Founder |
| Daniel H Fitzgerald | Partner |
| John Marques | Leasing Director |
| Margaret Bigley | Marketing Director |
| Rich Savner | Public Affairs Director |
| Rick McFeeley | Employee Benefits Director |
| Debbie Martin | Advertising Manager |
| David G. Cherna | Real Estate Counsel |
| David R. Jessick | Director |
| Ira Tochner | Director |
| Larry R. Katzen | Director |
| Michael R. Duckworth | Director |
| Sarah E. Nash | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Bruce L. Hartman | Chairman |
| Eugene M. Freedman | Board of Directors |
| James L. Moody, JR | Board of Directors |
| John J. Zillmer | Board of Directors |
| Robert G. Miller | Board of Directors |
| William J. Begley | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Chief Executive Officer | Current |
| Pathmark Stores, Inc. | Board of Directors | Current |
| Pathmark Stores, Inc. | Executive Vice President, Store Operations | Former |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Chief Executive Officer | Current |
| Rite Aid Corporation | President & Chief Operating Officer | Current |
| Pathmark Stores, Inc. | Board of Directors | Current |
| Pathmark Stores, Inc. | Principal Executive Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | President | Current |
| Rite Aid Corporation | Chief Financial Officer & Chief Administrative Officer | Current |
| Glenolden Stuart, Inc. | President | Former |
| Pathmark Stores, Inc. | Chief Financial Officer | Former |
| Pathmark Stores, Inc. | Executive Vice President | Former |
| Pathmark Stores, Inc. | Principal Financial Officer | Former |
| Pathmark Stores, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | President | Current |
| Intesource, Inc. | Chief Executive Officer | Former |
| Intesource, Inc. | President | Former |
| Pathmark Stores, Inc. | Chief Marketing and Merchandising Officer | Former |
| Pathmark Stores, Inc. | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Chief Information Officer | Current |
| Pathmark Stores, Inc. | Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Executive Vice President, Merchandising & Logistics | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Executive Vice President, Marketing and Logistics | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Executive Vice President, Store Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Executive Vice President, Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Senior Vice President, Store Engineering and Construction | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Senior Vice President, Sales & Advertising | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Senior Vice President, Retail Development | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Senior Vice President, Perishable Merchandising | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Senior Vice President | Current |
| Pathmark Stores, Inc. | Director | Current |
| Pathmark Stores, Inc. | Controller | Former |
| Pathmark Stores, Inc. | Principal Accounting Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Senior Vice President | Current |
| Pathmark Stores, Inc. | Director | Current |
| Upper Darby Stuart LLC | General Counsel & Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Senior Vice President, Nonperishables Mdsg | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Senior Vice President, Non Foods and Pharmacy Merchandising | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Senior Vice President, Dairy and Frozen Merchandising | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Vice President, Produce and Floral Merchandising | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Vice President, Store Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Vice President, Store Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Vice President, Store Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Vice President, Pharmacy Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Vice President, Pharmacy Services | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Vice President, Meat and Seafood Merchandising | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Vice President, Labor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Vice President, Logistics Administration | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Vice President, Store Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Vice President, Mdsg, Non Food | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Vice President, Store Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Founder | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Founder | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Founder | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Leasing Director | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Marketing Director | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Public Affairs Director | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Employee Benefits Director | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Advertising Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Real Estate Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Dollar Financial Corp. | Chairman | Current |
| Pathmark Stores, Inc. | Director | Current |
| Pinnacle Foods Corporation | Board of Directors | Current |
| Dollar Financial Corp. | Director | Current |
| World Kitchen LLC | Board of Directors | Current |
| Pinnacle Foods Group Inc. | Director | Current |
| Corporate Governance | Board of Directors | Current |
| WKI Holding Company, Inc. | Director | Current |
| Source Interlink Companies Inc. | Board of Directors | Current |
| Rite Aid Corporation | Board of Directors | Current |
| Rite Aid Corporation | Board of Directors | Current |
| Fred Meyer, Inc. | Chief Financial Officer | Former |
| Rite Aid Corporation | Chief Administrative Officer | Former |
| Rite Aid Corporation | Senior Executive Vice President | Former |
| Fred Meyer, Inc. | Executive Vice President of Finance and Investor Relations | Former |
| WKI Holding Company, Inc. | current director | Former |
| Rite Aid Corporation | Consultant | Former |
| Pathmark Stores, Inc. | Non-Executive Chairman | Former |
| Boise State University | B.B.A. Degree In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Ecredit.Com, Inc. | Current | |
| Knowfat | Current | |
| Limited Brands, Inc. | Board of Directors | Current |
| Pathmark Stores, Inc. | Board of Directors | Current |
| PricewaterhouseCoopers | Chief Executive Officer | Former |
| Monitor Clipper Partners, Inc. | President | Former |
| Monitor Clipper Partners, Inc. | Managing Director | Former |
| Monitor Clipper Partners, Inc. | founder | Former |
| Monitor Group | Senior Advisor of and Partner | Former |
| PricewaterhouseCoopers | senior partner | Former |
| PricewaterhouseCoopers | Chairman | Former |
| Columbia University | master's degree in economics | Former |
| Computer Vision | member | Former |
Mr. Tochner is a partner of Yucaipa. Prior to joining Yucaipa in 1990, Mr. Tochner was a manager in the audit division of Arthur Andersen & Co. He is also a director of Ceiva Logic, Inc. and Americold Realty Trust.
| Organization | Position | Status |
|---|---|---|
| Yucaipa.Com | Partner | Current |
| Simon Worldwide, Inc. | Director | Current |
| Pathmark Stores, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Board of Directors | Current |
| Homestead Enterprises Inc. | CEO | Former |
| Organization | Position | Status |
|---|---|---|
| Allied Waste Industries, Inc. | Chairman & CEO | Current |
| United Stationers Inc. | Chair | Current |
| Ecolab Inc. | Board of Directors | Current |
| Pathmark Stores, Inc. | Board of Directors | Current |
| Reynolds American Inc. | Board of Directors | Current |
| Allied Waste Industries, Inc. | Board of Directors | Current |
| Allied Waste | Former | |
| United Stationers Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| The Yucaipa Companies | Partner | Current |
| Source Interlink Companies Inc. | Principal Executive Officer | Current |
| Pathmark Stores, Inc. | Director | Current |
| BT Securities Corporation | Managing Director | Former |
| Source Interlink Companies Inc. | Director | Former |
| Source Interlink Companies Inc. | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Director | Current |
| Knoll, Inc. | Board of Directors | Current |
| Merrimack Pharmaceuticals, Inc. | Board of Directors | Current |
| New-York Historical Society | Board of Directors | Current |
| Washington and Lee University | Board of Directors | Current |
| JPMorgan Chase & Co. | Vice Chairman | Former |
| Vassar College | Bachelor's Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Pathmark Stores, Inc. | Board of Directors | Current |
Executive News
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GE Capital Joint Leads $1 Billion Loan for Rite Aid Corporation
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Investors Focus On Rite Aid's Turnaround After Refinancing
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Rite Aid Corporation F1Q10 (Qtr End 05/30/09) Earnings Call Transcript
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