PATHMARK 1Q LOSSES INCREASE

CARTERET, N.J. - A remerchandising initiative at Pathmark Stores here last year did not generate the results the company would have liked, the chain's chief executive officer said in a conference call with analysts last week."Certainly we thought it would benefit sales more than it did," said John Standley, CEO, Pathmark. "It didn't get the bang we were hoping for."Standley made his remarks in discussing

CARTERET, N.J. - A remerchandising initiative at Pathmark Stores here last year did not generate the results the company would have liked, the chain's chief executive officer said in a conference call with analysts last week.

"Certainly we thought it would benefit sales more than it did," said John Standley, CEO, Pathmark. "It didn't get the bang we were hoping for."

Standley made his remarks in discussing results from the first quarter in which the chain's sales were basicall

Register to view the full article

test - Advanced Registered User

Already a member? .