SYRACUSE, N.Y. -- Penn Traffic Co. here said last week it is considering selling or closing its 67-store Big Bear division in Ohio and West Virginia. Big Bear accounts for 40% of Penn Traffic's sales, or about $920 million of the chain's 2002 sales of $2.3 billion, industry observers told SN. "Big Bear probably accounts for an even greater amount of cash flow, which raises the question of whether Penn Traffic can survive without Big Bear," one observer told SN. "The answer may depend on ...
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