The Penn Traffic Company was founded in 1854 in Johnstown, Pennsylvania as a food service company for stagecoaches. It eventually became a general-merchandise department store but by the early 1960s had also returned to the food business through the acquisition of Super Value Corporation, operator of the 10-store Riverside supermarket chain. In 1982, the company sold its department stores and concentrated solely on the food and supermarket business. A series of financial troubles led to Penn Traffic's Chapter 11 bankruptcy filing in November 2009 and sale of assets to Tops Markets in early 2010.