SYRACUSE, N.Y. -- Penn Traffic Co. here plans to invest $60 million in capital expenditures this year to upgrade approximately 15% of its retail square footage, Joseph V. Fisher, president and chief executive officer, told the company's annual meeting last week. to fund improvements in Penn Traffic's distribution, manufacturing and technology infrastructure, he added. Penn Traffic's goal, Fisher said, is to operate "conveniently located, modern supermarkets with a strong emphasis on ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
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 complimentary access to the SN salary survey data tables.
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.