Acquired Stores Propel Tops' Q1

WILLIAMSVILLE, N.Y. Tops Holding Corp. here said last week that ongoing sales growth at the former Penn Traffic stores it has converted to the Tops banner helped drive same-store sales gains of 3.6%, excluding gasoline, in the first quarter. The company posted a loss of $2.1 million for the 16-week quarter, which ended April 23, vs. net income of $3.3 million in the year-ago period, which included

WILLIAMSVILLE, N.Y.Tops Holding Corp. here said last week that ongoing sales growth at the former Penn Traffic stores it has converted to the Tops banner helped drive same-store sales gains of 3.6%, excluding gasoline, in the first quarter.

The company posted a loss of $2.1 million for the 16-week quarter, which ended April 23, vs. net income of $3.3 million in the year-ago period, which included a $9.9

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