TURF FIGHT HITS PENN TRAFFIC BOTTOM LINE

COLUMBUS, Ohio (FNS) -- The successes of Big Bear Plus store openings here haven't been enough to overcome the turf battle Penn Traffic Co., the chain's Syracuse, N.Y.-based parent, is waging in upstate New York.Penn Traffic endured "a year of instability and uncertainty" in 1995, Chairman Gary Hirsch told shareholders at the company's annual meeting here last week."We know we haven't done well in

COLUMBUS, Ohio (FNS) -- The successes of Big Bear Plus store openings here haven't been enough to overcome the turf battle Penn Traffic Co., the chain's Syracuse, N.Y.-based parent, is waging in upstate New York.

Penn Traffic endured "a year of instability and uncertainty" in 1995, Chairman Gary Hirsch told shareholders at the company's annual meeting here last week.

"We know we haven't done well in the past year in terms of financial results," Hirsch said. Penn Traffic had a

Register to view the full article

test - Advanced Registered User

Already a member? .