BRANTFORD, Ont. - Liquidation World Inc. (TSX:LQW) said Wednesday reported a larger loss in its most recent quarter compared with a year ago as sales fell.
The discount retailer said it lost $5.5 million or 34 cents per share for the quarter ended July 5 compared with a loss of $3.8 million or 46 cents per share a year ago.
Sales in what was the company's third quarter fell to $37 million from $43.8 million.
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Well I'm not surprised. We have a liquidation world in Courtenay, that used to be as cheap as a garage sale. The last year or so, they seem to think they're some kind of exclusive boutique and have started pricing their junk accordingly.
I agree. The one nearby here seemed to keep going up. And the quality or the amount went down it seemed, lol.
I used to always take a cruise through there, but I don't even bother any more. Dopes.
never been, am I missing anything spectacular?
A couple years ago, I would have said yes. Now, it's a definite NO.
Good to know, P.C and Russ. I was thinking of going there as I haven't been there for a year. Now, I won't bother.
I go by every once in a while for groceries.
Bread is usally less than $2 a loaf, including speciality brands.
On my last run-through, I got Thai soup mixes in a bowl for about $1 ea and Old El Paso Taco kits for $3.50ea (spice mix, taco shells, salsa)