Analysts have said Barnes & Noble must consider paring back its 717 namesakestores.
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Earlier this month, Macy's said it was closing five poorly performing namesakestores, affecting about 307 employees.
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It already runs 587 full-size namesakestores.
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Sales at its namesakestores open at least one year fell 3.1 percent.
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The retailer reported a 16 percent rise in second-quarter profit as higher sales in its namesakestores boosted margins.
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Macy's operates about 800 namesakestores and 45 Bloomingdale's stores, not including the outlets.
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Canadian Tire currently owns 350 of its 490 namesakestores.
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The management shifts come at a time when Barnes & Noble's comparable sales at its namesakestores continue to decline.
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Barnes & Noble operates 720 namesakestores in the United States and 637 college bookstores.
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Same-store sales at its namesakestores tumbled 4.3% in the quarter.
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The company said sales at its namesakestores would be flat or up as much as 3 percent in its next fiscal year.
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The company forecast that sales at its namesakestores would be flat or up as much as 3 percent in its next fiscal year.
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Albertsons, which operates namesakestores as well as U.S. supermarket chain Safeway and grocer Von, did not immediately respond to a request for comment.
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Comparable sales at Saks fell 2.3% in the quarter, while those at its namesakestores decreased 3.9%.
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Neiman Marcus CEO Karen Katz told Reuters that there was relatively little overlap between customers of the retailer's outlet chains and its namesakestores.
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It also has a 50-50 venture with U.S. warehouse giant Costco COST.O to operate its namesakestores in Mexico.