Staples to Shut Stores, Costco Disappoints - Presented by: The Aol. On Network

Costco and Staples didn't blame bad weather for the dismal earnings they produced in the latest quarter. The warehouse retailer's profit fell partly because it had to discount even deeper than usual during the holiday season and weaker foreign exchange rates cut into overseas income. The bright side: comparable store sales in the U.S. rose 5 percent.



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