WOODBRIDGE, N.J. -- Pathmark Stores here said sales rose slightly and operating cash flow declined for the second quarter and 26 weeks ended Aug. 2. the quarter and 0.9% for the half. The company said it attributed the same-store sales gains to the implementation of strategic initiatives to lower prices and improved customer service. Operating cash flow was down 17.7% for the quarter to $50.6 million and 14.5% for the half to $98.9 million, "[which] reflects the anticipated investments ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.