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Christopher & Banks swings to loss in Q3
Minneapolis -- Christopher & Banks Corp. reported Wednesday a net loss of $9.2 million for the third quarter, compared with a profit of $7 million in the year-ago period.
Sales dropped to $120.9 million from $132 million in the prior year. Same-store sales decreased 7%.
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Online 2010 holiday winners emerge
Walmart, Target and Best Buy attracted record levels of customers to their websites during November, according to data released this week by the online measurement firm comScore. Retailers have come to expect a surge in traffic to their sites as the holiday approach and during November that proved to be the case and then some.