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United Retail posts $20,000 operating loss for August on zero revenues
By Caroline Salls
Pittsburgh, Sept. 17 - United Retail Group, Inc. reported a $20,000 operating loss for August on zero revenues, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of New York.
In comparison, United Retail posted $23,000 of operating income for July, also on zero revenues.
The company had cash and cash equivalents of $1.01 million at Aug. 31, the same as at the end of July.
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 under Chapter 11 case number 12-10405.
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