SYRACUSE, N.Y. — The former Penn Traffic Co. here saw sales decline on a weekly basis during January, according to a document filed with the bankruptcy court. Cash flow for the five-week period that ended Jan. 30 totaled $30.2 million before bankruptcy-related expenses. After such expenses, the total was $9.04 million for the month. Revenues for the five-week span were $160.6 million, which included the $85 million from the sale of the company’s stores to Tops Friendly Markets, ...

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.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

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.

Already registered? here.