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Check Out Line: Another day, another weak forecast

Started by calm_girl, March 12, 2008, 01:01:34 PM

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calm_girl

Check Out Line: Another day, another weak forecast
      


Check out the grim view from Bon-Ton.
The department store operator not only posted a drop in fourth-quarter profit, hurt by higher markdowns,but its chief executive also said he expects the macro-economic environment tobe difficult this year.
“We will operate to a conservative plan in order to maintain our strong financial position,” CEO Bud Bergren said.
Bon-Ton, whichoperates [...]
         

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