Since its inception over 38 years ago, Pathmark Stores, Inc. has always operated by the principle of giving back to the community. In 2006, Pathmark maintained its high standard for working with the neighborhoods it services through a combination of both monetary and in-kind charitable donations. With the support of its customers and associates, Pathmark was able to provide assistance to over 5,000 non-profit organizations in 2006. These included national charities such as Children�s Miracle Network, March of Dimes, Making Strides Against Breast Cancer and the Community Food Banks located throughout Pathmark�s trade area. The balance of assistance was provided to community-based organizations. In total, Pathmark donated over $3 million dollars to these charities. Two major beneficiaries of Pathmark�s fund-raising efforts in �06 were Children�s Miracle Network and Making Strides Against Breast Cancer. Nearly $600,000 was raised for CMN that doubled what was raised in the prior year, while Pathmark continues to be the largest corporate fund-raiser for the American Cancer Society�s Eastern Division in its Making Strides Walk. In addition, at Pathmark�s annual Food Show, held in September, the sample items were donated to the Community Food Bank of New Jersey, totaling over 66,000 pounds of product which was a record for any supermarket trade show held in the state. The company also continued its annual Warm Coat Drive and Toy Drive in 2006, providing a basic necessity and holiday gift to thousands of people. Just over 5,400 coats were collected over a two-week period, with Pathmark�s store in Howell, NJ leading the way with over 400 coats donated. Over 6,400 toys were collected by Pathmark�s 141 stores, with the Seaford, NY store procuring nearly 1,000 toys for needy children. During the holiday period, the Company and its associates hosted approximately 400 needy families with its Adopt-a-Family Program and provided them with over $100,000 worth of food and gifts. Commenting on Pathmark�s 2006 charitable giving program, company CEO John Standley stated, �I wish to thank all those who provided financial or in-kind donations to help those in need, as well as our associates who volunteered their time and provided financial assistance to organizations in their communities. It is gratifying to be able to provide assistance to so many worthwhile causes and we look forward to continuing our support in 2007.� Pathmark is a leading regional supermarket chain currently operating 141 stores in the New York, New Jersey and Philadelphia Metropolitan areas. Additional information about Pathmark may be found at its website, www.pathmark.com.
Pathmark Stores (NASDAQ:PTMK)
Historical Stock Chart
Von Mai 2024 bis Jun 2024 Click Here for more Pathmark Stores Charts.
Pathmark Stores (NASDAQ:PTMK)
Historical Stock Chart
Von Jun 2023 bis Jun 2024 Click Here for more Pathmark Stores Charts.