SYRACUSE, N.Y. -- Penn Traffic Co. here said last week that sales declined and its net loss increased in the first quarter ended May 1 as the company attempted to work out the details of a Chapter 11 bankruptcy reorganization. to $615 million for the 13-week quarter, while same store sales decreased 4.5% The net loss for the quarter rose to $23.1 million. However, excluding $3.7 million in income from the sale of assets in connection with the reorganization and $8.4 million in ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.