By  on December 4, 2008

Belk Inc.’s third-quarter loss widened on lower sales.

The Charlotte, N.C.-based firm, the largest privately held U.S. department store, registered a net loss of $23.5 million versus a year-ago loss of $6.9 million. In the three months ended Nov. 1, sales slipped 8.3 percent to $741.4 million from $808.3 million in the 2007 quarter as comparable-store sales fell 9.8 percent.

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