Pathmark
From Wikipedia, the free encyclopedia
| Pathmark | |
 |
|
| Type of Company | Public (NASDAQ: PTMK) |
|---|---|
| Founded | 1968 in Carteret, New Jersey |
| Headquarters | Louisville, Kentucky, USA |
| Key people | John T. Standley (CEO) |
| Industry | Retail |
| Products | Deli, bakery, produce, snacks, pharmacy, frozen foods |
| Revenue | $3.981 Billion USD (2005) |
| Net income |  $327.1 Million USD (2005) |
| Website | www.pathmark.com |
Pathmark (NASDAQ: PTMK), located in Carteret, New Jersey, is a supermarket chain founded in 1968 when its parent, Supermarkets General (now known by the store name), pulled out of the ShopRite retailers' cooperative.
As of 2005, it operated 142 stores located in Connecticut, Delaware, New Jersey, New York, and Pennsylvania.
It was one of the first supermarket chains in the New York metropolitan area to operate 24 hours a day during the work week. It became well known for television and radio commercials that featured actor James Karen as spokesman for more than 20 years.
Pathmark filed for bankruptcy in July of 2000, but was able to recover in early 2001. During that time, Ahold tried to buy the company, but the deal fell through.
