The importance of the five-pronged strategy is the mounting probability that TSA will remain independent and need to improve recent operating results. Overall, net income for the second quarter ended Jul. 26 was $3,826,000 versus $9,555,000 on an 11 per cent increase in total revenues to $427,238,000 against $383,294,000. Overall comp store sales fell 2.8 per cent.

The main objective of the new initiatives is to increase unit productivity by $1 million annually. Management sees that being accomplished through a combination of better use of premium store ... Log in to view full article.