LOEHMANN'S 1ST-QUARTER LOSSES GROW.(Brief Article)

Publication: WWD

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COPYRIGHT 2000 Fairchild Publications, Inc.

NEW YORK -- Stung by a $7.2 million charge to close 11 stores, Loehmann's widened its loss in the first quarter ended May 29, to $9.9 million from $3.9 million.

Sales for the upscale off-pricer, which is planning to exit bankruptcy proceedings this summer, fell 14.2 percent to $92.2...

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