Investor Ronald Burkle said he may seek potential strategic transactions for Pathmark Stores Inc. after his investment firm recently acquired a 49.99% stake in the struggling supermarket chain, reports the Dow Jones news agency.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


Burkle said in a filing on Monday with the Securities and Exchange Commission that “there are significant opportunities in the supermarket industry in the Northeast,” and Pathmark Stores is “a viable platform for future consolidation.”


Some shareholders have filed a lawsuit charging the company with failing to disclose a more lucrative buyout offer than Burkle’s $150 million deal.

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact