BRAINTREE, Mass. — Struck by heavy markdowns, Bradlees Inc. reported earnings slid 10.6 percent in the fourth quarter while sales gained 1.8 percent.

The discounter earned $27.5 million, or $2.44 a share, in the quarter ended Jan. 29, down from $30.8 million, or $2.74 a share, a year earlier. Sales increased to $597.2 million from $586.4 million, and same-store sales were flat.

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