EXHIBIT 28


                              PATHMARK STORES, INC.
        301 Blair Road, P.O. Box 5301, Woodbridge, New Jersey 07095-0915




FOR IMMEDIATE RELEASE                            CONTACT:  Ron Marshall
                                                           (732) 499-3535


                   PATHMARK COMPLETES $500 MILLION REFINANCING

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Woodbridge, New Jersey, July 9, 1997. Pathmark Stores, Inc. announced today that
it has  closed  on a new $500  million  bank  credit  agreement  with a group of
lenders led by The Chase Manhattan Bank which will act as Administrative  Agent.
The new credit agreement,  which includes a new $300 million term loan and a new
$200 million  working  capital  facility,  replaces  Pathmark's  existing credit
agreement which was repaid in full with borrowings under the new agreement.  The
initial tenor of the new credit agreement is 4.5 years.


Pathmark Stores, Inc. is a regional supermarket company currently operating 139
supermarkets primarily in the New York-New Jersey and Philadelphia metropolitan
areas.



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