Sunday, October 20, 2013

"A Grimm Night" - October 25th and 26th -

Report: Pathmark For Sale - Business - Malverne-West Hempstead-Lynbrook, NY Patch
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Story by Greg Sleter Attention Pathmark shoppers: your local supermarket may soon be sold. On Thursday, The Wall Street Journal (subscription required) reported that Pathmark parent company, Great Atlantic & Pacific Tea Co. (A&P), is seeking to sell the company after emerging from bankruptcy in 2012. The Journal, citing an internal company memo sent to store managers by Great Atlantic Chairman Gregory Mays, said a number of options to fund growth are being explored. Among those options are raising meatloaf recipe capital and a refinancing. The memo also indicated sale of the company is possible. The New Jersey-based A&P operated about 400 supermarkets before filing for bankruptcy in December 2010. Sales were $8.8 billion at that time. Today, the company has about 320 stores under various names including Pathmark, Food Emporium, Super Fresh and A&P. There are a handful of Pathmark stores locally, including one at 492 Atlantic Ave. in East Rockaway.
Jaime Sumersille (Editor) July 27, 2013 at 07:18 AM Jason, as per the story, individual meatloaf recipe stores are not mentioned by the company. Pathmark's parent company...is seeking to sell the company..." Jaime Sumersille Regional Editor, Nassau County
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