Clothestime announces sales for first quarter 1995.ANAHEIM Anaheim (ăn`əhīm), city (1990 pop. 266,406), Orange co., S Calif., SE of Los Angeles; inc. 1870. Anaheim was founded by Germans in 1857 as an experiment in communal living. , Calif.--(BUSINESS WIRE)--May 4, 1995--The Clothestime Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CTME) Thursday Thursday: see week. announced sales for the first quarter of Fiscal 1995. Sales for the first three months of Fiscal 1995 were $72.3 million, a 13 percent decrease compared with $83.5 million for the same period last year. Comparable store sales decreased 17 percent for the same period last year. The Clothestime Inc. currently operates two selling divisions, Clothestime Stores and Lingerie Time. Clothestime Stores operates 566 women's apparel stores in twenty-two states and Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. , offering primarily in-season, moderately-priced sportswear, dresses and accessories, emphasizing fashion at a discount from department and specialty stores Noun 1. specialty store - a store that sells only one kind of merchandise shop, store - a mercantile establishment for the retail sale of goods or services; "he bought it at a shop on Cape Cod" . Lingerie Time operates nine women's value-priced intimate apparel stores in two states, offering brand name merchandise at a discount from suggested manufacturers' retail prices. CONTACT: The Clothestime Inc., Anaheim Jeff Dake, 714/779-5881, ext. 2255 |
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