Tuesday, September 3, 2013

Another New Jersey Pathmark to close

Supermarket News reported last week that the Pathmark store in Howell, NJ will close in October. According to union sources, the employees were notified the previous week.

Parent company A&P announced in July that Pathmark stores would close in Cherry Hill, Camden and Edgewater.  A&P, which also includes Super Fresh, Waldbaum's, The Food Emporium and Food Basics, recently hired Credit Suisse to help review strategic alternatives that may include selling the company.

Many think the end is near for the iconic brand, a sentiment that's hard to argue with as competitors like ShopRite, Giant and others continue to eat away at A&P's market share.

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