SYRACUSE, N.Y. -- Penn Traffic here said last week it is considering selling 21 company-owned stores and all five of its distribution centers to a real-estate company, then leasing them back to provide funding for various corporate needs. The company also said it was expecting approval last week from the U.S. Bankruptcy Court for the Southern District of New York on its request to extend the deadline for filing its plan of reorganization from July 28 until Sept. 26 -- the fourth time the ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister 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.