Another Hair Raiser At The HaftsMark Lewyn
Suddenly, Dart Group--holding company for the feuding Haft family--isn't doing so well. On Apr. 29, Dart's Crown Books unit, the nation's No.3 bookseller, reported a $1.9 million fourth-quarter loss and a $200,000 loss for the year, despite a 15% revenue rise. Crown had posted steady profits since its 1977 founding. Same story for Dart's Trak Auto car-parts chain, where earnings dove 98%, to $81,000, for the year. Dart says that's partly due to opening costs for superstores.
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