| Business Summary | | The
Penn
Traffic
Company
is
a
food
retailer
in
the
eastern
United
States.
The
Company
operates
220
supermarkets
in
Ohio,
West
Virginia,
Pennsylvania,
upstate
New
York,
Vermont
and
New
Hampshire
under
the
Big
Bear
and
Big
Bear
Plus
(70
stores),
Bi-Lo
(43
stores),
P&C
(73
stores)
and
Quality
(34
stores)
trade
names.
Penn
Traffic's
supermarkets
offer
a
broad
selection
of
grocery,
meat,
poultry,
seafood,
dairy,
fresh
produce,
delicatessen,
bakery
and
frozen
food
products.
The
stores
also
offers
nonfood
products
and
services
such
as
health
and
beauty
care
products,
housewares,
general
merchandise,
and
in
many
cases,
pharmacies,
floral
items
and
banking
services.
Penn
Traffic
also
operates
wholesale
food
distribution
businesses
serving
83
licensed
franchises
and
77
independent
operators. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Penn
Traffic
Company
operates
220
retail
supermarkets
in
PA,
NY,
WV,
and
OH.
The
Company
also
operates
a
wholesale
food
distribution
business.
For
the
13
weeks
ended
5/5/01,
revenues
increased
3%
to
$608.4
million.
Net
loss
increased
2%
to
$27.1
million.
Revenues
reflect
an
increase
in
same
store
sales,
and
the
commencement
of
the
Company's
operation
of
10
New
England
stores.
Net
loss
reflects
the
absence
of
a
$358
thousand
charge
related
to
warehouse
cosolidation. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Peter Zurkow, 46 Chairman | -- | Joseph Fisher, 58 Pres
and CEO | $1.9M | Martin Fox, 47 Exec.
VP, CFO, Director | 2.0M | Leslie Knox, 53 Sr.
VP and CMO | 332K | Randy Martin, 44 VP
- Fin. and CAO | -- | Dollar amounts are as of 29-Jan-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|