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Home > Company Index > Retail > Grocery Retailing > The Penn Traffic Company
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The Penn Traffic Company |
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PROFILE |
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The Penn Traffic Company hopes to see its supermarket aisles packed bumper to bumper with shopping carts. The company runs four regional food chains: about 220 stores that include Big Bear and Big Bear Plus (combination food and general merchandise stores) in Ohio and West Virginia, Bi-Lo Foods in Pennsylvania, and P&C Foods and Quality Markets in New Hampshire, New York, Pennsylvania, and Vermont. It also runs a food distribution unit that serves its stores and about 160 franchised and independent grocers. Having emerged from Chapter 11 bankruptcy, Penn Traffic is focusing on areas where it is #1 or #2 (which represent about 75% of sales). Hedge funds run by Soros Fund Management own about 45% of the company.
COMPETITION |
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Ahold USA, Inc. (dossier)
The Kroger Co. (KR)
Meijer, Inc. (dossier)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: January
2001 Sales (mil.): 2,525.30
1-Yr. Sales Growth: 71.0%
Employees: 17,100
Revenue per employee: $147,678.36
KEY PEOPLE |
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Joseph V. Fisher
CEO
Martin A. Fox
CFO
CONTACT INFO |
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1200 State Fair Blvd.
Syracuse, NY 13221
US
Phone: 315-453-7284
Fax: 315-461-2393
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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