Retail News:Spiegel 4th-qtr profits plunge
February 21, 2002 06:33 PM ET

By Jackie Sindrich

NEW YORK, Feb 21 (Reuters) - Battered catalog retailer Spiegel Group SPGLA.O on Thursday reported a 19-percent decline in fourth-quarter earnings and said it would sell its long-troubled credit card business and close 45 Eddie Bauer stores.

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