The most exciting investment development of 2005 is Yucaipa Cos.' return to the supermarket business.
The investment group's moves last month to become active with Pathmark Stores and Wild Oats made Yucaipa a player once again in this industry. Both retailers have run into financial challenges and stalled growth, due partly to a lack of resources.
In the case of Pathmark, Yucaipa said it plans to buy a 40% interest in the retailer through an investment of $150 million. In a co