Monday, December 2, 2019

Citi Trends in big merchandise shift; will open 25 to 30 stores annually

Chain Store Age
Citi Trends is accelerating its move away from apparel. And it’s still looking for a CEO.

As part of a previously announced comprehensive strategic initiative, the value-priced urban fashions retailer said it is moving “aggressively” to more gift-giving merchandise during the holiday season and expanded home assortments throughout the year.

In line with its new strategic initiative, Citi Trends aims to open 25 to 30 new stores annually and complete major remodels in 50 existing stores each year. Citi Trends currently operates 566 stores in 33 states.. . . more