business news in context, analysis with attitude reports that Pathmark Stores, which went on the sales block last month, isn’t getting very much interest, and may ultimately be unable to find a buyer.

While the company says it has had a few offers, the firms that normally would drive such a sale – private equity firms such as Kohlberg Kravis Roberts (KKR) – have decided not to bid.

The problem seems to be that while Pathmark operates in the population-dense New York metropolitan area, it also has a lot of tough competition and its same-store sales have been either flat or down.
KC's View:
The competition may be ample, but not nearly as tough as in other areas of the country; after all, Wal-Mart doesn’t have many supercenters competing against Pathmark.

It may be that the best thing Pathmark has going for it is its real estate.