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Gottschalks net loss shrinks to $134,000 for Jan. 2 to Jan. 29 period
By Caroline Salls
Pittsburgh, Feb. 17 - Gottschalks, Inc. reported a $134,000 net loss for the period of Jan. 2 to Jan. 29 on zero revenues, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company posted a $558,000 net loss for the period of Nov. 28 to Jan. 1, also on zero revenues.
Cash and cash equivalents were $9.07 million at Jan. 29, down from $9.3 million at Jan. 1.
Gottschalks, a Fresno, Calif.-based regional department store chain, filed for bankruptcy on Jan. 13, 2009. Its Chapter 11 case number is 09-10157.
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