Woolworth Corp.: The New York-based retailer reported...
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From Times Staff and Wire Service Reports
Woolworth Corp.: The New York-based retailer reported second-quarter net income of $50 million, up 4% from the same period last year, on revenue of $2.19 billion, an increase of 10.5%. The company said improvements in European, domestic Woolworth and domestic Kinney operations offset profit declines from increased promotional activity in some specialty chains and the Canadian and Australian operations.
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