CARTERET, NJ-Though still posting a loss in its first quarter, Pathmark Stores is working on a new prototype store, elements of which may be included in remodeled units opening at the end of the fiscal year.

The locally based chain, which operates 141 supermarkets primarily in the New York-New Jersey and Philadelphia metropolitan areas, will not open any new stores this year. However, it plans eight “major” remodels and six minor store renovations in fiscal 2006.

“We expect [the new prototype] to be done with this process in the next six months or so,” said John Standley, CEO, at the company’s first quarter conference call. “We will use the key elements of the prototype in our renovations once the design is complete.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.