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United Retail sees $23,000 of operating income for July, zero revenues
By Caroline Salls
Pittsburgh, Aug. 16 - United Retail Group, Inc. reported $23,000 of operating income for July on zero revenues, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.
In comparison, United Retail posted $141,000 of operating income for June, also on zero revenues.
The company had cash and cash equivalents of $1.01 million at July 31, down from $2.24 million at June 30.
United Retail is a Rochelle Park, N.J., specialty retailer of large-size women's fashion apparel, footwear and accessories. The company filed for bankruptcy on Feb. 1, 2012. The Chapter 11 case number is 12-10405.
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