maurices, a accessory of Ascena Retail Group Inc. ( ASNA ), is aggressively accretion abundance abject with the aperture new food as able-bodied as re-opening adapted stores. maurices bygone appear affairs to inaugurate 15 stores, including 7 new abundance openings and 8 re-openings of adapted stores. The food are slated to accessible amid Jun 27 and Jul 18.
The celebrations to mark the commencement and reopening of these food will aftermost for a week. During the anniversary week, maurices will action $25 off for every $75 acquirement fabricated in the store.
maurices has been continuously accretion its abundance arrangement for about bristles years now. Starting from a distinct retail store, it has broadcast its abundance abject to over 900 food in the United States and Canada. In the aftermost bristles years, the cast has opened over 250 food and additional sales by about 65%. The brands abundance amplification plan indicates that it is gradually affective against its ambition of operating over 1,300 food in the continued run.
Expanding its abundance abject not alone helps maurices amuse appeal for its articles but additionally signifies the brand's charge against accouterment an amazing arcade acquaintance to its barter both in-stores and online.
maurices is a cast for absolute girls alms absolute appearance that fits their absolute lives. It is a women's accouterment abundance that provides fashionable commodity for every break and budget, in sizes 1-24. Apart from alms commodity for work, for home and alike for night outs, its assortments accommodate acclaimed denim collections as able-bodied as on trend shoes and accessories for every occasion.
Ascena Retail Group is a specialty banker that offers accouterment for women as able-bodied as boyhood girls and boys. The aggregation provides apparel, accessories, footwear, undergarments and affairs articles such as bedchamber accoutrement and electronics. The company's operating segments accommodate Justice, Lane Bryant, maurices, dressbarn and Catherines. Some of the accepted brands awash by the aggregation accommodate Justice, Brothers, Lane Bryant, Cacique, Right Fit, maurices, Studio Y, dressbarn, Catherines, Maggie Barnes, Liz&Me and Serenada.
As of Apr 26, 2014, Ascena operated about 3,900 food in the United States, Puerto Rico and Canada. In its aftermost balance release, the aggregation categorical its plan to accessible about 40-60 food during budgetary 2014.
Ascena currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks amid accoutrement and shoe retailers accommodate Citi Trends Inc. ( CTRN ), Christopher & Banks Corp. ( CBK ) and Foot Locker Inc. ( FL ). Of these, Citi Trends and Christopher & Banks accept a Zacks Rank #1 (Strong Buy), while Foot Locker carries a Zacks Rank #2 (Buy).Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Bang to get this chargeless report
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