CLOTHESTIME OPENS NEW SAN DIEGO STORE
CLOTHESTIME OPENS NEW SAN DIEGO STORE ANAHEIM, Calif., Aug. 5 /PRNewswire/ -- The Clothestime Inc.
(NASDAQ: CTME), one of the leading women's retail apparel chains with 436 stores spanning the United States, is opening a new store in San Diego, 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. Using internally generated funds, Clothestime plans to open 65 new 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. "We've combined economic sense with style and quality, a combination that seems to be successful in the San Diego area," Ortega said. Clothestime will open a 3,200-square-foot location in San Diego on Aug. 6, 1992, at 3485-A6 Del Mar Heights Road. 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 IN: REA SU:
KJ-AL -- LA002 -- 6924 08/05/92 08:04 EDT
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|Date:||Aug 5, 1992|
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