NEW YORK--It was clearance time at many stores, as the peak pre-Christmas selling period provided disappointing results.
Burlington's ad promotes a four-day special sale at Madison Square Garden claiming stock of 15,000 coats for women and men. Macy's ad highlights "Our $20 Million Coat Clearance," while Bloomingdale's ad calls for 30 to 50 percent off "thousands of coats."

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