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It’s the Data and Calendar, Not Your Gut This Holiday
By Shelley E. Kohan, shelley@retailnext.net
When reviewing month-tomonth sales results, saw tooth performance of 2012 has left many retailers wondering the fate of holiday this year. Early predictions for holiday comp sales results have hinted to low single digits.
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Destination Maternity announces new credit facility
Philadelphia -- Destination Maternity Corp. announced that it has entered into a new $61 million revolving credit facility with Wells Fargo Bank, N.A.
The new credit facility replaces the retailer's $55 million revolving credit facility with Bank of America, N.A., which was due to mature on January 13, 2013.