Fourth quarter sales were down 2% to $334,857,000 from $340,398,000, but the net loss more than doubled to $21,732,000 from $8,723,000, hit by impairment charges of $17.8 million related to asset write-offs for ten underperforming store locations. Backing out that impact, net loss improved by 55% to $3.9 million. Comps were down 1.8% but improved sequentially through the quarter. External headwinds, including the government shutdown, exacerbated a weaker-than-expected Black Friday and Cyber Week. This prompted a more intense promotional cadence to meet value demand, turning sales positive in the second week ... Log in to view full article.