As the North Jersey grocery market continues reshaping itself with further expansion of Wegmans , Aldi and other chains, Allegiance Retail Services is reviving the Pathmark banner in Brooklyn, with hopes of doing likewise throughout the region. The Woodbridge-based grocery co-op announced Thursday that a 49,square-foot Pathmark store is being built in central Brooklyn, with a scheduled opening in late March or early April.
Derderian said. Once considered the largest retailer operating under a single trade name in the Northeast, and the 10th-largest grocery chain in the nation, Pathmark was founded in The Parsippany Pathmark was replaced by a small-format Target store last year. A Pathmark store in Fair Lawn remains vacant. Since , the North Jersey grocery market also has seen the entry of other major chains, including Wegmans, Aldi and Lidl. In Bergenfield, a Pathmark that became an Acme is now turning into a Lidl.
Allegiance Retail Services in announced it had bought the intellectual property of Pathmark, including its logo, trademarks, brand name and the pathmark. The company chose a former Brooklyn Pathmark location on Albany Avenue to launch the banner's comeback. Although Supermarkets General had other holdings, including the recently acquired Genung's department store chain and Rickel Bros.
These units included not only supermarkets 33 of which had a drug department with a pharmacy but 11 freestanding drugstores and 11 gasoline stations.
Pathmark's 81 supermarkets were accounting for about 85 percent of Supermarkets General's sales and 80 percent of its earnings in The number of Pathmark supermarkets had reached 91 in October , and there were also 24 Pathmark gas stations and 14 Pathmark drugstores. In May , 94 of the 96 supermarkets began operating around the clock, seven days a week. Pathmark pioneered in the use of computer scanners at checkout counters, introduced by the chain in After a period of relative stagnation, Pathmark opened, in , the first of its "Super Centers"--huge discount grocery stores that also offered health and beauty aids, small appliances, and videotape rentals.
These 50,square-foot units were being created in large part by renovating and expanding the existing stores. At the end of the year Pathmark had full-line pharmacies in 81 of its supermarkets, horticulture departments in 64, bakery departments in 60, and "mini-bank branches" in In its annual report, Supermarkets General claimed its sales per store were the highest in the industry.
In its annual report, Supermarkets General claimed Pathmark had become the top supermarket chain in the New York metropolitan area, with a 15 percent market share. Twelve of its outlets now were Super Centers. About 60 percent of the volume was generated in stores opened, enlarged, or substantially remodeled during the past three years. Perlmutter died in and was succeeded by Brody as chief executive officer of Supermarkets General.
Of the units, 62 were Super Centers. In addition, the company had 13 freestanding Pathmark drug stores. Pathmark continued to dominate Supermarkets General's sales and operating profits, with 87 and 83 percent of the corporate total, respectively.
Pathmark opened Manhattan's first superstore, a 42,square-foot unit, in Peck Slip, near Chinatown, in The chain was still number one in the New York metropolitan area in , with a To foil a takeover bid by Dart Group Corp. Many of the Pathmark units had become, according to a Forbes article, "unkempt, dirty, and outmoded.
The only bright spot for the parent company was its unit Purity Supreme division, consisting of Massachusetts grocery and convenience store chains acquired in Supermarkets General's department stores had been sold in Supermarkets General lost money in every fiscal year between and and sales volume every fiscal year between and Pathmark consisted at this time of supermarkets, 33 freestanding drug stores, and seven distribution-processing facilities.
Supermarkets General sought in March to take Pathmark public, but backed off in the face of insufficient investor interest. Instead, in an October corporate reorganization, Supermarkets General Corp. The company thereby lowered its interest costs, reportedly from about 13 to nine percent of revenues, and thus increased cash flow.
This allowed the company to step up capital investment in Pathmark. Rickel was spun off at this time and was sold in Pathmark was now putting its hopes for the future on stores even bigger than the traditional Super Centers. The Pathmark format, first introduced in , called for units as large as 64, square feet. By early there were 27 such stores, some new, some converted from other Pathmark outlets. They emphasized perishables such as produce, seafood, baked goods, flowers, and delicatessen items, as well as health and beauty aids with a selection to rival that of drugstore and discount competitors.
These goods all had higher profit margins than packaged groceries. Pathmark stores also offered a customer service desk for product returns, video rentals, film processing, and UPS mail delivery, and restrooms with changing tables for mothers with babies in diapers.
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