PTMK Pathmark Stores (MM)

Pathmark Stores (Nasdaq:PTMK)announced today that it had completed its fundraising outreach campaign for those impacted by Hurricane Katrina. Over $250,000 was contributed by customers and Pathmark to provide relief in the Gulf Coast. In addition, Pathmark also donated bottled water through the New Jersey National Guard and disposable diapers to the Community Food Bank of New Jersey, an affiliate of America's Second Harvest. Numerous Pathmark locations were utilized as collection points for product donations in cooperation with several local food banks in New York and New Jersey, and Pathmark associates volunteered time afterward to help the local agencies sort and pack product for shipment. "On behalf of Pathmark, I wish to thank our customers and associates for their generous support in assisting those whose lives were impacted by Hurricane Katrina," stated Pathmark's CEO, John Standley. "The response from all those who helped is exemplarily. The generosity of not only contributing monetarily, but volunteering time to assist in the shipment of product truly speaks to the compassion that is felt." As previously announced, Pathmark will be sending the funds raised to the American Red Cross. Pathmark is a major supermarket chain, operating 142 stores in the New York-New Jersey and Philadelphia metropolitan areas.