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PTMK Pathmark Stores (MM)

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Share Name Share Symbol Market Type
Pathmark Stores (MM) NASDAQ:PTMK NASDAQ Common Stock
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Pathmark Renews With Unicru For Additional Two Years; Fortune 500 Supermarket Finds Success in Market-Leading Hiring Management

09/05/2006 3:07pm

Business Wire


Pathmark Stores (NASDAQ:PTMK)
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Unicru(R) Inc. today announced that Pathmark Stores Inc. (Nasdaq:PTMK) has extended its contract for the Unicru Hiring Management System for Grocery through June of 2008. Since 2004, Pathmark has leveraged the system's ability to increase operational efficiencies and quality and productivity of the company's over 22,000 frontline associates within 141 store locations. Today 60 grocery banners, including one-third of the nation's top 25 chains, leverage Unicru's system to select the most productive and dependable associates from the produce aisle to the corporate office. With Unicru in place, Pathmark has achieved significant operational improvements and savings by: -- Tracking an applicant's referral source (i.e. advertising, associate referral) to help Pathmark spend recruiting dollars wisely. -- Identifying an applicant's eligibility for Work Opportunity Tax Credits (WOTC) to increase tax credit capture. -- Reducing the number of early quits as well as fewer involuntary separations to improve associate retention and performance. -- Providing a seamless integration of multiple systems and processes to improve efficiency and focus resources on people rather than paper. Bob Joyce, EVP of human resources at Pathmark, acknowledges Unicru's ability to put managers back on the floor where they're needed most. "By pre-screening each candidate and identifying exactly whom we want to bring in for an interview, Unicru's eased our administrative workload and allowed our managers to devote more time to our customers. It was a logical decision to extend our partnership with Unicru." Chris Marsh, president and CEO at Unicru, has great respect for Pathmark and its quest to remain a top competitor in the fierce grocery market. "The competition to hire the best associates is strong, especially in this industry. Smart companies like Pathmark are successfully streamlining operational costs while simultaneously improving the quality and productivity of their frontline. Pathmark's renewal is a strong vote of confidence for Unicru both as a solution and as a business partner." About Pathmark Stores Inc. Pathmark is a regional supermarket chain currently operating 141 supermarkets primarily in the New York - New Jersey and Philadelphia metropolitan areas. Additional information about Pathmark may be found at its website, www.Pathmark.com. About Unicru Inc. Unicru is the leading provider of talent management solutions focused on improving workforce quality and productivity within the nation's leading employers. Deep industry expertise, extensive client experience and knowledge gleaned from nearly 50 million job applicants combine for a proven solution that integrates hiring automation, employee selection programs and performance measurement to drive measurable business results. Unicru is currently deployed in more than 28,500 locations nationwide for over 100 leading companies and brands, including Albertsons, Toys "R" Us, PetSmart, Best Buy, Uno's Restaurants and Burgerville restaurants. For more information, visit www.unicru.com Unicru is a registered trademark of Unicru, Inc.

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