A.C. Moore loss widens in second quarter

Arts-and-crafts retailer A.C. Moore Arts & Crafts reported Tuesday a loss of $9.7 million in the second quarter, compared with a loss of $8.1 million in the year-ago period. Sales dropped 4.3% to $99.9 million. Same-store sales decreased 5.9%.A.C. Moore currently operates 135 stores located in the eastern United States.