Federated Department Stores Inc., the Cincinnati-based retailer and direct marketer, reported losses at its online and catalog unit widened to $23 million from $2 million for the quarter ended April 29, while sales more than tripled to $491 million, according to wire service reports.
Overall net income rose 2.3% to $89 million for the first quarter ending April 29, from $87 million a year ago.
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