Just over six weeks after the Penn Traffic Company filed a notice with the New York State Department of Labor that they would be selling or closing all of their supermarkets on February 15th, Tops Friendly Markets has said they will buy all of the company's supermarkets in New York, Pennsylvania, and new England states. An Associated Press wire story says Penn Traffic has accepted the Tops bid for all of its P&C, BiLo, and Quality Markets stores.
( Tops Friendly Markets to buy all 79 P&C Foods stores... )