PENN TRAFFIC SEEN EMERGING AS VIABLE OPERATOR

SYRACUSE, N.Y. -- Penn Traffic here appears poised to reorganize itself as a smaller regional retailer and wholesaler now that it has shed its Big Bear division in Ohio and West Virginia, according to industry observers.The company, which filed for Chapter 11 bankruptcy protection last May, recently unveiled plans to exit the Ohio and West Virginia markets through the sale or closure of its Big Bear

SYRACUSE, N.Y. -- Penn Traffic here appears poised to reorganize itself as a smaller regional retailer and wholesaler now that it has shed its Big Bear division in Ohio and West Virginia, according to industry observers.

The company, which filed for Chapter 11 bankruptcy protection last May, recently unveiled plans to exit the Ohio and West Virginia markets through the sale or closure of its Big Bear stores. The disposal of Big Bear, along with other previously announced store closing

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