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Cache narrows loss in Q3
New York City -- Women’s apparel retailer Cache reported Wednesday that it narrowed its loss for the quarter ended Oct.2 to $5 million, compared with a loss of $6.8 million in the year-ago quarter.
Revenue rose 1.3% to $45.5 million, from $44.9 million in the third quarter of fiscal 2009. Same-store sales were flat, as compared with a decrease of 21.7% in the prior year.