WAREHOUSE CLUB <WCLB> TO TAKE CHARGE
Warehouse Club Inc said it expects to
take a one-time charge of about five mln dlrs on its June 30
third quarter results from closing of two unprofitable Chicago
area units.
    The company said it will continue to operate 12 warehouses
in Illinois, Indiana, Michigan, Ohio and Pennsylvania.
    It added that it expects future operating results to be
improved because of the closing of the two warehouses.
 Reuter
