WILLIAMSVILLE, N.Y. — Tops Holding Corp. here said last week that ongoing sales growth at the former Penn Traffic stores it has converted to the Tops banner helped drive same-store sales gains of 3.6%, excluding gasoline, in the first quarter. The company posted a loss of $2.1 million for the 16-week quarter, which ended April 23, vs. net income of $3.3 million in the year-ago period, which included a $9.9 million income-tax benefit. Operating income, however, increased to $17.6 million in ...
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