Search results
The Penn Traffic Company was a food service company founded in 1854 in Johnstown, Pennsylvania. The company eventually evolved into a general merchandise department store. By the early 1960s, it also returned to the food business through the acquisition of Super Value Corporation, which operated the 10-store Riverside supermarket chain.
- 1854
- Retail
- Bakery, dairy, deli, frozen foods, meat, pharmacy, produce, seafood, snacks
Company History: P&C Foods Inc. is a northeastern grocery store chain with 88 P&C Stores and 71 Big M stores. A subsidiary of Penn Traffic Co. of Johnstown, Pennsylvania, it earned more than one billion dollars in 1992. P&C's history began in 1941 when the Grange League Federation (G.L.F.), a farmers' purchasing and marketing cooperative, had a ...
People also ask
How many supermarkets did Penn Traffic own?
What stores did Penn Traffic own?
Why did Penn Traffic go bankrupt?
When did Penn Traffic buy Sani-Dairy?
Jun 30, 2010 · The Penn Traffic Co., a Syracuse, N.Y.-based supermarket chain, filed a reorganization plan and disclosure statement June 15 in the U.S. Bankruptcy Court for the District of Delaware (In re The Penn Traffic Co.). According to court documents, the plan indicates that Penn Traffic has sold off substantially all of its assets, and the remaining ...
In 1979 Penn Traffic acquired Quality Markets, Inc., a chain of 21 supermarkets based in Jamestown, New York, for about $4.5 million. This chain was added to Penn Traffic's 46 supermarkets operating under the Riverside or Bi-Lo names, all of which were self-service and many of which had on-premises bakeries and delicatessen departments.
The Penn Traffic Co. yesterday filed for Chapter 11 bankruptcy protection, after the financially embattled grocer’s board of directors determined the move to be in the best interest of the company’s creditors and other stakeholders.
On the subject of severance packages, Penn Traffic spokesman Marc Jampole told Progressive Grocer, "We will treat our employees fairly and with respect," adding that further details were as yet unavailable because they needed to be "bargained according to contract" with the employees' union, the United Food and Commercial Workers Local 1.
Sep 18, 2007 · SYRACUSE, Sept. 17 (AP) Two fired executives of the Penn Traffic Company, a regional grocer, have been charged with fraud, federal regulators said Monday.
