Following 30-day evaluation, still no information on P&C closing

NORWICH – Tops Markets has yet to release its decision on which stores it will close or sell, and which will remain open for business, including the local P&C, following a 30-day evaluation of the assets it acquired from bankrupt Penn Traffic on Jan. 29.
Prior to Tops’ acquisition, Penn Traffic had planned to cease operations at the downtown grocery on Feb. 15, as stated in a November 2009 letter, in accordance with the New York State Workers Adjustment and Retraining Notification Act (WARN).
The WARN act was designed to give employees, their representatives, the Department of Labor, and the local Workforce Investment Board early warning of business closings and layoffs, and requires employers to provide 90 days’ notice prior to a plant closing, mass layoff, relocation, or other covered reduction in work hours, according to the New York State Department of Labor.
Following Tops’ successful $85 million bid, a second, Feb. 11 Penn Traffic letter stated that some stores would continue operating past the Feb. 15 date, and that letter would “serve as additional notice that the Company (Penn Traffic) has postponed the cessation of its operations” at the Norwich location, and the “termination of employment from February 15 to a date to be determined in the near future, but which is not anticipated to be beyond May 15.”
The local grocery would be notified as soon as possible if it were to remain open beyond May 15, according to the letter.
Mayor Joseph Maiurano expressed his concern with the situation, and said he believed the local store’s lease expires in mid-May. The Norwich P&C currently leases its property from Developers Diversified Realty (DDR); repeated phone calls to its Vice President of Marketing and Communications Scott Schroeder were not returned. Leasing Director Michael Smith and Regional Leasing Manager Karen Lanham were unavailable for comment.

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