Tops Closing 4 Former Penn Traffic Stores

Tops Friendly Markets is closing four of the 79 former Penn Traffic stores it acquired last month.

The stores are in Hornell, New York, and Clarion and Blairsville, Pennsylvania. The fourth store is in Vermont.

Tops cited economic viability, current store conditions and the ability for the stores to compete in the marketplace as the reasons for closing the stores.

Last month Tops paid more than $85 million for most of Penn Traffic's assets, including the 79 supermarkets.

Penn Traffic filed for Chapter 11 bankruptcy protection from its creditors on November 18.

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