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WWD 03/02/2006

WWD 03/02/2006

Saks' Woes Continue: Weak SFA and Charges Drag Retailer Into Red

The luxury chain, struggling for years and dogged by speculation that it's destined to be sold, posted huge declines in operating income, which dragged its parent, Saks Inc. to a $2.2 million loss in the fourth quarter ended Jan. 28.

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