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Lunch for Tuesday, March 28

March 28, 2006
By Michael Cader

Ottakar’s Confirms Bad Year, and Worse Start to New Year Bad news continues among UK chain booksellers, as Ottakar’s reported a loss of 4.6 million pounds, on slightly increased sales of 176.5 million pounds for fiscal 2005. The company blamed “unprecedented price competition,” “the slowdown in second half sales,” and “the distraction” of an attempted […]

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