The Yankee Candle Co. Inc. plans to close up as many as 20 stores by year to overcome what it termed “economic challenges.”
The cataloger and retailer reported net income of $15.4 million for the third quarter, down slightly from $15.8 million last year.
Mail order sales decreased 1% during the quarter. The South Deerfield, MA company reported total sales of 136.5 million, up 7% from $1.27 million last year, but the firm reportedly experienced lower-than
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