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RETAILER-SAKS

The Wire

Saks loss widens in 2Q but smaller than expected

Retailer Saks Inc. posted its fifth consecutive quarterly loss Tuesday, as consumers continued to cut back on buying luxury fashion.

Saks 3Q Earnings Triple on Sales Growth

Retailer Saks Inc. said Tuesday its third-quarter earnings more than tripled, helped by strong sales growth and cost controls.

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