Now with 360 Charlotte Russe stores in 43 states and Puerto Rico, the young women's apparel retailer expects to open 40 new Charlotte Russe units during the fiscal year ending in September and at least 50 new stores in fiscal 2007. The company is continuing to fill in locations in existing markets, and sees particular opportunity in the Northeast and Northwest, said Mark Hoffman, president and CEO.
"Our deal flow is quite strong, and we have no concerns about building our brand well beyond the 600-store level," Hoffman said.
Charlotte Russe also will renovate a minimum of 25 stores next year, after renovating 23 units in fiscal 2006.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.