Bombay 3Q sales drop 15.5%

Thomas, Larry
November 2006
Furniture/Today;11/20/2006, Vol. 31 Issue 11, p1
Trade Publication
The article reports on the increase of the third-quarter sales and net loss of Bombay Co. to $15.6 million from the comparable period in 2005 in the U.S. The 453-store specialty retailer said same-store sales in the quarter fell by 15.5 percent as the company struggled with inventory issues and merchandising problems. According to CEO David Stewart, they are part of the troubled sector, but the company made an important progress on several key initiatives.


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