Pathmark CEO: Profitability on the way

06/5/2006 | Progressive Grocer

Pathmark Stores reported a net loss of $5.4 million in the first quarter, but is making strides toward profitability, CEO John Standley said. The company will continue to improve its fresh food assortment and expand its private label business, and hopes to launch its new store prototype in six months, he said.

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