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Interco’s furniture and footwear teams have remarkable overall performance; just the apparel production and retail departments nevertheless have problems. Also, the info displays that Interco’s Over-all overall performance in 1988 was going up.
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The plan incorporates the sale on the clothing division and stock repurchase. Saligman, chairman of Interco, said that its restructuring prepare is mainly reached by narrowing the main focus of Interco’s small business and increasing the stock value.
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