Christma season sales dealt a blow

Article Abstract:

Insolvent department store chain T Eaton Company Ltd has started the biggest liquidation sale in Canadian history. The retailer posted a 12% decline in sales during the 1998 holiday period, dashing hopes of possible recovery for the ailing company. Eaton, which has reported a loss of C$72 million in FY98 ended Jan 30, 1999, has a total liabilities of C$328.8 million, with $200.4 million of that as a secured debt.

Department Stores, T. Eaton Company Ltd.

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Slump at Harlequin causing heartache at Torstar

Article Abstract:

Harlequin Enterprises Ltd., a romance fiction publisher, is witnessing a decline in sales which could adversely affect the bottom line of it's parent company Torstar Corp. Harlequin is toying up with new formats and looking up new markets to increase sales.

Book publishing, Book Publishers, Company sales and earnings, Company earnings/profit, Harlequin Enterprises Ltd.

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