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January 10, 2002

USA: Women’s Apparel Firm United Retail Group Suffers Sales Slip

Leading specialty large-size women's apparel and footwear retailer, United Retail Group Inc, on Thursday announced a seven per cent fall in comparable store sales for the festive period compared to the previous year. Total sales at the New Jersey-based firm fell three per cent to $52.9 million from $54.4m, while for the quarter to date, comparable sales dropped five per cent and total sales slipped one per cent to $87.2m from $87.8m.

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