Retail Ventures Back in Black

Hogsett, Don
December 2005
Home Textiles Today;12/12/2005, Vol. 27 Issue 13, p14
Trade Publication
The article reports on the financial performance of Retail Ventures Inc. as of 2005 in the U.S. Retail Ventures reported a first quarter profit of 54.2 million dollars, compared with a year-before loss of 1.3 million dollars. Operating costs of the company improved slightly by three-tenths of a percentage point. According to the article, sales climbed 6.6 percent, to 746.1 million dollars from 699.7 million a year ago. Same-store sales rose one percent.


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