SYRACUSE, N.Y. -- Penn Traffic Co. here said last week it has completed the first phase of its turnaround strategy and is embarking on a series of proactive moves in its core markets that could affect its shortterm profitability. The company said third-quarter results will probably be impacted by the introduction of a loyalty card program this month and start-up costs associated with the reopening of nine New England stores -- although both programs are expected to have positive longterm ...

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.