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Company Description (as filed with the SEC)
We are an off-price retailer of urban fashion apparel and accessories for the entire family. Our merchandise offerings are designed to appeal to the fashion preferences of value-conscious consumers, particularly African-Americans. We believe that we provide merchandise at compelling values. Our goal is to provide nationally recognized branded and non-branded merchandise at discounts to department and specialty stores' regular prices of 20% to 70%. Our stores average approximately 10,900 square feet of selling space and are typically located in neighborhood shopping centers that are convenient to low and moderate income customers. As of January 30, 2016, we operated 521 stores in both urban and rural markets in 31 states. Our predecessor, Allied Department Stores, was founded in 1946 and grew into a chain of family apparel stores operating in the Southeast. In 1999, the Company, then consisting of 85 stores, was acquired by a private equity firm. ... More ...
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|Annual EPS Est:||$1.03|
|Quarterly EPS Est:||-0.05|