Penn Traffic Sees Sales Slide in January

The former Penn Traffic Co. here saw sales decline on a weekly basis during January, according to a document filed with the bankruptcy court.

SYRACUSE, N.Y. — The former Penn Traffic Co. here saw sales decline on a weekly basis during January, according to a document filed with the bankruptcy court.

Cash flow for the five-week period that ended Jan. 30 totaled $30.2 million before bankruptcy-related expenses. After such expenses, the total was $9.04 million for the month.

Revenues for the five-week span were $160.6 million, which included the $85 million from the sale of the company’s stores to Tops Friendly

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