SYRACUSE, N.Y. -- Penn Traffic Co. here disclosed several initiatives that it said are designed to turn around the company's slumping financial performance by the end of 1998. That timetable was set by Phil Hawkins, president and chief executive officer, in remarks last Monday at a closed meeting with securities analysts in New York -- the same day the chain released disappointing numbers for the first quarter ended May 3, the latest in a series of financial declines. According to analysts ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.