Wendy future of retail top

Pathmark

Jack Futterman dies at age 82

NEW YORK — Jack Futterman, who during the 1990s served as chairman and chief executive officer of Pathmark Stores Inc. and also a term as chairman of the National Association of Chain Drug Stores, has died at age 82. Futterman, a pharmacist, began his career with Whelan Drug Stores, working his way up to become

With Chapter 11 filing, A&P to sell off stores

With Chapter 11 filing, A&P to sell off stores

MONTVALE, N.J. — A&P has filed for bankruptcy, the second time in five years that the food and drug retailer has sought Chapter 11 protection. The supermarket operator said Monday that it has executed asset purchase agreements for about 120 stores at a price of roughly $600 million.  A&P also said it has decided to close

Reports: A&P mulling bankruptcy filing

Reports: A&P mulling bankruptcy filing

MONTVALE, N.J. – A&P may be on the verge of filing for bankruptcy protection, possibly as early as this week, according to published reports. The food and drug retailer’s filing is expected to come in the form of a “prepackaged” bankruptcy, which could divvy up the company’s best locations, the New York Post reported on

Industry mourns passing of Jack Futterman, former Pathmark CEO

NEW YORK — Jack Futterman, former chairman and chief executive officer of Pathmark Stores and a former chairman of the National Association of Chain Drug Stores, died Monday at age 82. A pharmacist, Futterman joined Pathmark in 1973 as vice president of its drug store and general merchandise divisions and held a variety of positions

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