Retail Ventures Boosts Margins, Pushes Home

Hogsett, Don
June 2006
Home Textiles Today;6/19/2006, Vol. 27 Issue 31, p18
Trade Publication
The article presents the growth in profit margins of Retail Ventures Inc., Ohio, United States. The retailer's operating profit for the quarter stood at $13.1 million. The profit results are attributed to the turnaround in the company's home categories with an increase of 3.6%. Cost effective measures including slashing of debt levels and interests costs lead to inventories remaining at $541.7 million though sales boosted by 6.1%.


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