Crown Books announces sales.LANDOVER, Md.--(BUSINESS WIRE)--Feb. 12, 1996--Crown Books Corp. (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 : CRWN CRWN Composite Reconfigurable Wireless Network ) reported that sales decreased 1 percent to $98.3 million for the 14 weeks ended Feb. 3 compared to the 13 week period one year ago. The decrease is primarily due to the net decrease in the number of stores as a result of the company's continuing transition to its new superstore su·per·store n. A very large retail store that stocks highly diversified merchandise, such as groceries, toys, and camera equipment, or a wide variety of mechandise in a specific product line, such as computers or sporting goods. concept. Sales for comparable stores (stores open more than 15 months) for the same 14 week period decreased 1 percent compared to the 14 week period one year ago. Comparable store sales for all superstores This is a list of superstores by country. Multi-national
Steve Stevens Steve Stevens (born as Steve Schneider on May 5, 1959, in Brooklyn, New York) is an American guitarist and songwriter. He is best known for playing for other artists (most notably Billy Idol and Vince Neil) and less known, but critically acclaimed for his solo efforts , president and chief executive officer, said, "Despite the generally weak retail sales environment, we were pleased with the results of the new prototype superstores, both in comparable sales performance and the results of the 9 new locations we opened during the last quarter of this year. We currently have 25 of these new stores with plans to aggressively open more over the next 24 months." Sales decreased 7 percent to $283.5 million for the 53 weeks ended Feb. 3 compared to the 52 week period one year ago. The decrease is primarily due to the net decrease in the number of stores as a result of the company's continuing transition to its new superstore concept. Over the last 12 months, Crown has closed 38 of the 2,000 to 6,000 square foot stores and opened 16 of the new prototype superstores. Comparable store sales for the 53 week period decreased 3 percent. Comparable sales for all superstores for the 53 week period decreased 2 percent, while the new prototype comparable store sales increased 9 percent. Crown Books Crown Books was a bookseller based in Largo, Maryland. It was founded in the Washington, D.C. metro area by Robert Haft in 1977. History Overview Crown Books was founded in the Washington, D.C. operates 172 book stores, including 84 Super Crown stores, in the Washington, D.C. metropolitan area; California; Houston, Chicago and Seattle, compared with 196 stores, including 70 Super Crown stores, in operation one year ago. CONTACT: S. E. Rubenstein, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Stanley Rubenstein, 212/297-6108 |
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