Value City records 1Q loss of $7.8M.(Brief Article)(Statistical Data Included)

Publication: Home Textiles Today

Publication Date: 18-JUN-01

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COPYRIGHT 2001 Reed Business Information, Inc. (US)

COLUMBUS, OH -- With same-store sales dropping off and costs and interest expense both headed sharply higher, Value City Department Stores recorded a first-quarter loss of $7.8 million.

Sales climbed higher by 14.7 percent, to $530.1 million from $462.1 million last year, getting a big lift from last year's...

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