Big Bear closings
Here is a list of the locations of the Big Bear stores
that The Penn Traffic Co. is seeking federal bankruptcy court
approval to close:
Three stores in Columbus: 3680 E. Broad St.; 6867 E. Broad
St.; 2700 Bethel Road.
Gahanna: 920 Hamilton Road.
Hilliard: 5419 Roberts Road.
Lebanon: 920 Columbus Ave.
Washington Court House: 300 Washington Square.
Wintersville: 100 Main St.
Other Penn Traffic stores to close are Bi-Lo Foods, P&C
Foods and Quality Markets in Pennsylvania and New York.
Source: The Penn Traffic Co.
SYRACUSE, N.Y. (AP) -- As part of its effort to eventually
re-emerge from bankruptcy, The Penn Traffic Co. said Friday it wants
to close 16 stores, including eight Big Bear stores in Ohio.
The company wants to reduce its payroll by 1,035 jobs. None of
the stores in Fairfield County will be affected.
The regional grocer must first receive permission from the U.S.
Bankruptcy Court in White Plains, which is presiding over its second
Chapter 11 bankruptcy reorganization in five years.
"These 16 supermarkets were unprofitable or among our least
profitable stores, and our analysis indicated that there was little
or no potential for them to become more profitable in the future,"
said Steven Panagos, Penn Traffic's interim chief executive officer.
Several of the stores targeted for closing opened or were
remodeled since Penn Traffic emerged from its previous bankruptcy in
"We believe, however, that these moves are necessary for Penn
Traffic to exit Chapter 11 a stronger, more competitive company,"
Penn Traffic currently operates 211 supermarkets in New York, New
Hampshire, Vermont, Pennsylvania, Ohio and West Virginia. Its
supermarkets operate under the names P&C, Big Bear, Quality and
Bi-Lo. It has approximately 16,000 employees.
Penn Traffic expects court approval for the closings by the end
of October, said Marc Jampole, a spokesman for the company. The
stores would be closed by the end of the year, he said.
Originally published Saturday, October 11, 2003