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Retail Ventures 2Q income down


COLUMBUS, Ohio Retail Ventures reported that total sales for the second quarter ended Aug. 2 decreased 1% to $459.8 million from $464.6 million for the same period last year. The company's same-store sales decreased 5.1% for the comparable three months.

The income from continuing operations for the second quarter was $7.2 million, or 15 cents per share on a diluted basis, compared to an income from continuing operations of $115.6 million, or $1.97 per share on a diluted basis last year.

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