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The plan incorporates the sale in the attire division and stock repurchase. Saligman, chairman of Interco, said that its restructuring plan is principally achieved by narrowing the focus of Interco’s organization and growing the inventory rate.

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Interco’s household furniture and footwear teams have superb effectiveness; only the clothing producing and retail departments even now have problems. Also, the information demonstrates that Interco’s In general performance in 1988 was on the rise.

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