Tops sales slow, losses increase in 4Q

Tops sales slow, losses increase in 4Q

Low inflation, a weak Canadian dollar and unseasonably warm weather slowed comparable store sales growth in the fourth quarter and fiscal year ended Jan. 2, parent Tops Holding II said in a release. And while sales margins increased, higher expenses led to increased net losses in the quarter and fiscal year.

Sales for the 13-week fourth quarter increased 7.3% to $570.3 million as compared to the 12-week fourth quarter in

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