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  • Stage Stores narrows loss in Q3

    Houston -- Stage Stores said Thursday it narrowed its fiscal third-quarter net loss to $6.9 million, from $7.3 million in the year-earlier quarter.

    Sales rose 2.1% to $331.9 million, from $324.9 million. The retailer is projecting that fourth-quarter same-store sales will rise 1% to 3%.

  • New York & Co. swings to profit in Q3

    New York City -- New York & Co. said Thursday that net income for the quarter ended Oct. 30 was $1.9 million, compared with a per-share loss 11 cents in the year-ago period.

    Net sales were $238.2 million in the quarter, up from $227.9 million a year earlier. Same-store sales rose 3.6%.

    New York & Co. currently operates 579 stores in 43 states.

  • Bon-Ton Q3 loss widens

    York, Pa. -- ThThe Bon-Ton Stores reported Thursday that its loss for the third quarter widened to $6.3 million, compared with a loss of $4.2 million in the prior year.e Bon-Ton Stores reported Thursday that its loss for the third quarter widened to $6.3 million, compared with a loss of $4.2 million in the prior year.

    Total revenue fell to $716.9 million from $722.6 million.
     

  • Dollar Tree reports 37% rise in Q3 net income

    Chesapeake, Va. -- Dollar Tree said Thursday that net income for the quarter ended Oct. 30 rose 37% to $93.2 million, from $68.2 million in the year-ago period.

    Consolidated net sales for the third quarter were $1.43 billion, a 14.2% increase from $1.25 billion a year earlier. Same-store sales increased 8.7%.

    During the third quarter, Dollar Tree opened 86 stores, expanded or relocated 27 stores, and closed two stores. The company currently operates 4,009 stores in 48 states.

  • Sears loss widens in Q3

    Hoffman Estates, Ill. -- Sears Holdings Corp. reported Thursday that its loss for the quarter ended Oct. 31 widened to $218 million, compared with a loss of $127 million in the year-ago period. The loss was more than analysts expected as margins fell and sales dropped, especially at the company's namesake stores.

    "While Kmart improved profitability, our third-quarter results were disappointing, in large part due to lower sales of apparel and appliances at Sears," said interim CEO W. Bruce Johnson.

  • Stein Mart profit rises in Q3

    Jacksonville, Fla. -- Stein Mart reported Thursday that net income for the quarter ended Oct. 30 was $4.3 million, compared with net income of $3.2 million a year earlier.

    Net sales were $267.9 million, a decrease of 0.9% from $270.2 million in 2009. Same-store sales increased 0.3% for the quarter.

  • Trans World narrows loss in Q3

    Albany, N.Y. -- Trans World Entertainment Corp. reported Thursday that it recorded a loss of $16.1 million in the third quarter, compared with a loss of $22.3 million a year earlier.

    Total sales dropped 20% to $128.8 million. Same-store sales decreased 5%.

    The company, which owns the f.y.e. (For Your Entertainment) chain of music stores, operated an average of 533 stores during the quarter, compared with 694 in the same quarter last year, a 23% decline.

     

  • Report: Retailers continue to invest in green

    Miami -- Retailers are continuing to invest in sustainability initiatives, even during tough economic times, according to a new report by RSR Research entitled "Lean and Green: Sustainable Practices Are Changing Retail, Benchmark 2010.”

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