Shares in the New York-based footwear wholesaler Footstar fell to an all-time low of $13.30 on the New York Stock Exchange in morning trading yesterday. The development followed the company’s announcement that it had set aside a $9.2 million bad debt allowance to cover the liquidation of the regional discount retailer Ames Department Stores Inc., announced Tuesday.  Footstar-operated departments in Ames stores accounted for 4% of all group sales.

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