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Merchandising miss hits Christopher & Banks in Q2
Minneapolis – A “merchandising misstep” took its toll on Christopher & Banks in its second quarter as sales decreased more than expected.
The company posted a net loss of $710,000 in the quarter, compared to earnings of $3.36 million in the year-ago period.
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Dollarama in the money during Q2
Montreal - Dollarama Inc. is reporting a significant increase net earnings and sales for the second quarter of fiscal 2016.
Gross margin improvements and a reduction in selling, general and administrative (SG&A) expenses as a percentage of sales drove net earnings to $95.5 million, up 39% from $68.9 million.

