CLOTHESTIME OPENS NEW CHICAGO LOCATION
CLOTHESTIME OPENS NEW CHICAGO LOCATION ANAHEIM, Calif., Aug. 5 /PRNewswire/ -- The Clothestime Inc.
(NASDAQ: CTME), a leader in the women's retail clothing industry with 436 stores spanning the United States, is opening a new store in Chicago, announced John Ortega II, chairman of the board.
The opening comes on the heels of Clothestime's announcement that it has reported 19 consecutive months of comparable store sales increases. Clothestime plans to open 65 stores in 1992 and plans to open another 75 stores in 1993, some of which will be in new geographical markets, including the New York metropolitan area. "Our stores in Chicago are doing very well," Ortega said. "We've combined economic sense with style and quality, a combination that seems to be successful in the Chicago area." Clothestime will open its new 4,000-square-foot Chicago location on Aug. 6, 1992, at 7246 W. Foster Ave. The Clothestime Inc. operates 436 women's apparel stores in 18 states, offering primarily in-season, moderately priced sportswear, dresses and accessories emphasizing brand names at a substantial discount from the more up-scale department and specialty stores. The Clothestime Inc.'s common stock is traded over the counter under the NASDAQ symbol "CTME." -0- 8/5/92 /CONTACT: Kirsten Belcher of Gloria Zigner & Associates, 714-545-1990, for Clothestime/ (CTME) CO: The Clothestime Inc. ST: California, Illinois IN: REA SU:
KJ-AL -- LA004 -- 6922 08/05/92 08:03 EDT
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|Date:||Aug 5, 1992|
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