CARTERET, N.J. -- Pathmark Stores here said last week it has signed an agreement to acquire six Grand Union units and is committed to allocating close to 3% of sales each year to capital projects. Frank Vitrano, executive vice president, treasurer and chief financial officer, said Pathmark signed a letter of intent with C&S Wholesale Grocers, Brattleboro, Vt., to acquire six former Grand Union stores. The transaction is expected to close in the first quarter of 2001. According to ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.