SYRACUSE, N.Y. -- Penn Traffic Co. here said last week a pickup in same-store sales and the addition of 10 New England stores that had been leased to Grand Union for 10 years helped boost total revenues for the first quarter ended May 5. However, losses in those stores contributed to an overall net loss for the 13-week quarter, the company said -- a loss that should disappear in the second half of the fiscal year, Joseph Fisher, president and chief executive officer, said. "Toward the end ...
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