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RETAILER NEWS

Cost Plus is projecting a net loss in the range of $13 million to $17 million, or 58 cents to 77 cents per diluted share on revenues between $1.04 billion and $1.06 billion for fiscal 2007, a 52-week year. The company projected a same-store sales decrease of 2% to 4% and the opening of 12 net new stores.

Tuesday Morning Corp. said fiscal year 2007 net sales should fall in the range of $975 to $985 million, while comparable-store sales should be flat to negative 2%. The company expects diluted earnings per share to be in the range of 85 cents to 90 cents.

EXECUTIVE NEWS

Salton announced that Leonhard Dreimann has resigned his position as ceo of the company and that William Lutz will become interim ceo while retaining his current title of cfo of the company. Dreimann will continue to serve as a director, advising the company for a transition period.

Timothy W. Lester has been appointed principal accounting officer of Cost Plus. Lester, currently the company’s vp and controller, succeeds Thomas Willardson, who remains with Cost Plus as evp and cfo.