Brookstone loss widens in Q2
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Brookstone reported Tuesday that it recorded a loss of $12.5 million in the quarter ended July 3, compared to a loss of $10.5 million in the year earlier period. Sales rose 4.7% to $76.4 million. Same-store sales increased 4.1%.Ron Boire, president and CEO, said, "We continue to make inroads to returning to historical sales levels, however we continue to face a difficult retail environment. We remain focused on our turnaround efforts."Brookstone currently operates over 300 Brookstone Brand stores nationwide and in Puerto Rico. Most are located in high-traffic regional shopping malls and airports.