CALDOR REPORTS ON ANNUAL MEETING.NORWALK, Conn.--(BUSINESS WIRE)--May 31, 1995--The Caldor Corporation (NYSE NYSE See: New York Stock Exchange : CLD CLD Called CLD Cloud CLD Cleared CLD Chronic Lung Disease CLD Council for Learning Disabilities CLD Cooled CLD Chronic Liver Disease CLD Clear Direction Flag CLD Certified LabVIEW Developer CLD Causal Loop Diagram ) held its Annual Meeting of stockholders today. All of the directors standing for election and all of the other ballot items recommended by the Board of Directors were approved by the Company's stockholders. Yesterday, the Company announced comparable store sales for the month of May increased 2.9%. The Caldor Corporation is the fourth largest discount department store chain in the U.S. with sales of $2.7 billion during the last 12 months, and operates 163 stores in ten East Coast states, compared to 153 a year earlier. With a strong consumer franchise in high-density urban/suburban markets, Caldor offers a diverse merchandise selection, including both softline and hardline products. The Company's continued growth will be based on a store expansion program, a unique merchandising merchandising Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product. strategy and a Customer-friendly shopping experience. CONTACT: The Caldor Corporation Robert S Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. . Schauman Chief Financial Officer (203) 849-2004 or David D. Peterson Investor Relations Investor relations The process by which the corporation communicates with its investors. (203) 849-2037 or Report requests: (203) 849-2334 |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion