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Bon-Ton looks to e-commerce as it heads into holiday
Bon-Ton is looking ahead to the holiday selling season, and focusing its marketing efforts on driving shoppers not only to stores but also to its e-commerce site.
The company saw comparable store sales for the third quarter decrease 2.8%. But the company was able to narrow its loss to $0.9 million, or $0.05 per diluted share, from $10.1 million, or $0.55 per diluted share, for the third quarter of fiscal 2012.
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Dollar Tree Q3 profit down
Chesapeake, Va. -- Dollar Tree Inc. reported that its net income in the third quarter fell 19%, impacted by a one -time gain a year related to selling its stake in the Ollie's Holdings chain. The company forecast results for the fourth quarter below Street expectations.
The company posted earnings of $125.4 million for the period ended Nov. 2, down from $155.4 million a year ago.
Revenue rose 9.5% to $1.88 billion. Analysts expected revenue of $1.91 billion.
Same-store sales were up 3%.