RETAIL VIEW: Super supermarket investor nabs Pathmark and Wild Oats
RETAIL VIEW: Super supermarket investor nabs Pathmark and Wild Oats
Ron Burkle, who has made a fortune buying and selling supermarket stock as well as supermarkets themselves, has made major stock investments in Pathmark Stores and Wild Oats Markets in the past few months, leading to much speculations about the future of those operations. A Southern Californian, Mr. Burkle came onto the grocery scene more than 20 years ago. In fact, he started earlier than that as a box boy at Stater Bros. Markets, a chain his father once ran. In 1986, he formed the investment group Yucaipa Cos. and has made supermarkets one of the prime targets of the privately owned group