PENN TRAFFIC SAME-STORE SALES RISE IN 2002

SYRACUSE, N.Y. -- The Penn Traffic Co. here said that its merchandising and loyalty card efforts resulted in a same-store sales increase of 0.9% for the fourth quarter of fiscal 2002 ended Feb. 2. tening economy and a greater-than-normal amount of promotional activity made the fourth quarter a challenging one for us. We were able to achieve solid results, however, primarily because of improvements

SYRACUSE, N.Y. -- The Penn Traffic Co. here said that its merchandising and loyalty card efforts resulted in a same-store sales increase of 0.9% for the fourth quarter of fiscal 2002 ended Feb. 2.

tening economy and a greater-than-normal amount of promotional activity made the fourth quarter a challenging one for us. We were able to achieve solid results, however, primarily because of improvements in the planning and execution of holiday merchandising programs, an increase in private-

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