In brief: Egghead.com posts $5.5m loss

By John Oates, 3 August 1998 12:58

NEWS US online retailer, Egghead, has posted a loss of $5.5m for its first fiscal quarter this year. In January, the company closed its chain of 80 shops across the US in order to concentrate on its Web store, Egghead.com. The loss was made on turnover of $29.5m down from $56.2m for the same period last year.

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