retail news in context, analysis with attitude

• Duane Reade reports that its second quarter sales rose 8.3 percent to $431.9 million from $398.8 million in the year-ago period, on same-store sales that were up 7.9 percent. The chain’s net loss for the quarter narrowed to $20.1 million compared with a loss in the year-ago period of $21.1 million.
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