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Tough going for Bakers: retailer blames warm autumn

18/12/2007

St. Louis-based retailer Bakers Footwear Group has reported a wider third-quarter loss than expected. Sales fell to $40.3 million, in line with analysts’ expectations. In the same quarter last year, the company posted sales of $46.6 million. Same-store sales for the quarter fell by 16.6%. The company attributed the fall in sales to the...

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