Friday, March 28, 2014

Citi Trends, Inc.: A Clothing Retail Store

Another retailer appeals to the needs of all family members; its name is Citi Trends, Inc. The company is registered as a value-priced retailer of urban fashion apparel and accessories as well as home décor for the entire household.

The company started the business in 1958 under the brand name Allied Department Store. Its first business opened in Savannah, Georgia and has started changing its company branding in the year 2000 to reflect its current logo. Though not quite as large as Wall Mart or Target, the company operates more than 513 stores in 29 states. Its offerings are mainly enjoyed by urban, lower-income customers it carries the brand names Cavi, Coogi, Rocawear, Apple Bottoms, Akademiks, Mecca, Baby Phat, Ed Hardy and Dickies. They offer these products at the average of 60% off of mall prices.

Citi Trends is a publicly traded business. It has made its initial public offering on the NASDAQ under the symbol CTRN in May 2005. Headquarters of the business is located in Pooler, Georgia.

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