PENN TRAFFIC WRITE-OFFS BRING NET LOSS

SYRACUSE, N.Y. -- Penn Traffic Co. here said the write-off of its Harts general merchandise business and other one-time charges resulted in a net loss for the second quarter and 26 weeks ended July 29. Sales increased 5.8% for the 13-week quarter to $884.2 million and 6% for the half to $1.7 billion, which the company attributed to the addition of 31 Acme stores acquired in January from American Stores

SYRACUSE, N.Y. -- Penn Traffic Co. here said the write-off of its Harts general merchandise business and other one-time charges resulted in a net loss for the second quarter and 26 weeks ended July 29. Sales increased 5.8% for the 13-week quarter to $884.2 million and 6% for the half to $1.7 billion, which the company attributed to the addition of 31 Acme stores acquired in January from American Stores Co., Salt Lake City. However, same-store sales declined 0.9% for the quarter and 1.2% for t

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