Jan Cameron lifts Postie Plus stake to 17.8%

Cameron paid an average of about 29 cents a share to lift her stake from 15.1%, according to a substantial security holder notice today. The shares last traded unchanged at 25 cents and have declined 25% this year.

In December, the clothing chain said it was "making steady progress" in turning around the previous year's losses and bolstering its margins. Still, the retail market was "fragile," chief executive Ron Boskill said.

Cameron has separately purchased the retailer's Arbuckles chain.

By Jonathan Underhill

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