Pathmark

SEATTLE - With the company he founded and grew into a retail coffee powerhouse under siege, Starbucks' chairman Howard Schultz is returning to the c.e.o. post as well, edging out ex-grocery exec Jim Donald who has been chairman since March 2005.

SEATTLE - With the company he founded and grew into a retail coffee powerhouse under siege, Starbucks' chairman Howard Schultz is returning to the c.e.o. post as well, edging out ex-grocery exec Jim Donald who has been chairman since March 2005.

MONTVALE, N.J. -- The Big Apple and its environs inherited a new market share leader as of yesterday, when the Great Atlantic & Pacific Tea Co., Inc. here completed its acquisition of Carteret, N.J.-based Pathmark Stores, Inc. for $1.4 billion in cash, stock, and assumed or retired debt. The deal merges two historic rivals into a new supermarket operator with about 450 stores and $9.4 billion in sales.

All sorts of consumers are interested in eating healthier foods and living better lives. It's up to grocers to decide how their stores fit in.

All sorts of consumers are interested in eating healthier foods and living better lives. It's up to grocers to decide how their stores fit in.

MONTVALE, N.J. - The Federal Trade Commission said yesterday it was challenging The Great Atlantic & Pacific Tea Company, Inc.'s proposed $1.3 billion acquisition of Pathmark Stores, Inc., claiming the merger would squelch competition in Staten Island, New York, and Shirley, Long Island, New York, unless the two parties sold six stores in those markets.

MONTVALE, N.J. -- The Great Atlantic & Pacific Tea Co., Inc., here said today that to finance its acquisition of Carteret, N.J.-based Pathmark Stores, Inc., it has sold all of its 11,726,645 shares of Montreal-based retailer Metro, Inc., of which, 1.5 million shares will be bought by Metro. Gross proceeds from the sale of the shares will come to about $347 million.

MONTVALE, N.J. -- The Great Atlantic & Pacific Tea Co. Inc. said yesterday that it has provided the Federal Trade Commission with the required two-week notice of its intention to complete the acquisition of Carteret, N.J.-based Pathmark Stores, Inc., effective Nov. 13. According to the notice, A&P may complete the acquisition any time after Nov. 27.