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financial

November 15, 2012

Wet Seal Swings to a Loss Amid Turnaround

The specialty retailer posted a third-quarter loss Thursday, but said it would return to its fast-fashion roots.

By Alexandra Steigrad

financial/news

The Wet Seal Inc. swung to a third-quarter loss as it continues to struggle to turn the business around and back to profitability.

On Thursday, the retailer posted a loss of $14.8 million,...