Is Citi Trends a black store?
Citi Trends, Inc., based in Savannah, Georgia, is a company that operates a chain of more than 250 stores selling value-priced, urban-inspired apparel and accessories, mostly catering to African-American family customers, who make up about 70 percent of the customer base.
Who is the owner of Citi Trends?
David Makuen – Chief Executive Officer – Citi Trends | LinkedIn.
Why is Citi Trends so cheap?
CTRN has historically experienced similar periods where its merchandising team purchased large amounts of discounted inventory designated for future seasons (such as winter clothes for women) too far in advance and consequently suffered from low inventory turnover and high markdowns when fashion trends suddenly shifted …
How do you spell Citi Trends?
Drop into a Citi Trends near you to browse the latest apparel, accessories, and home trends, for way less spend! Founded in 1946 and headquartered in Savannah, GA we operate over 600+ stores in 33 states. For more information please visit www.cititrends.com!
When did Citi Trends change their name?
2001
U.S. The company opened its first store in Savannah, Georgia in 1958 under the name Allied Department Stores. The company began renaming its stores Citi Trends in 2000, and officially became Citi Trends in 2001. Citi Trends comprises more than 600+ stores in 33 states.
How many employees does Citi Trends have?
Citi Trends Gender Distribution Citi Trends has 2,800 employees.
Is Citi Trends a franchise?
The company began renaming its stores Citi Trends in 2000, and officially became Citi Trends in 2001. Citi Trends comprises more than 600+ stores in 33 states. The chain is known for targeting urban, lower-income customers….Citi Trends.
| Citi Trends corporate logo | |
|---|---|
| Products | Clothing |
| Website | cititrends.com |
What is Citi Trends net worth?
Citi Trends net worth as of July 13, 2022 is $0.19B.
Where is Citi Trends headquarters?
Savannah, GACiti Trends / Headquarters
Who are Citi Trends competitors?
Citi Trends competitors include Burlington Industries, New York & Company, Rainbow, J. Jill and Rue21.
How much does a clothing franchise cost?
Retail franchises, which mostly require a fixed shopfront, shopfittings, stock, etc, may cost anywhere from $50,000 to $250,000 or more.
Is CTRN stock a buy?
Citi Trends Inc (NASDAQ:CTRN) The 4 analysts offering 12-month price forecasts for Citi Trends Inc have a median target of 39.50, with a high estimate of 50.00 and a low estimate of 22.00. The median estimate represents a +71.96% increase from the last price of 22.97.
Is CTRN a good stock to buy?
Out of 3 analysts, 0 (0%) are recommending CTRN as a Strong Buy, 2 (66.67%) are recommending CTRN as a Buy, 1 (33.33%) are recommending CTRN as a Hold, 0 (0%) are recommending CTRN as a Sell, and 0 (0%) are recommending CTRN as a Strong Sell.
What was Citi Trends before?
Allied Department Stores
The company opened its first store in Savannah, Georgia in 1958 under the name Allied Department Stores. The company began renaming its stores Citi Trends in 2000, and officially became Citi Trends in 2001.
How much is Zara franchise?
Ans: In addition to an average investment between ₹ 50 lakh and ₹ 1 crore, Zara franchisees need a highly educated workforce and a retail location of at least 1000 square feet.
Is Citi Trends publicly traded?
In May, 2005, Citi Trends had become a publicly traded company on the Nasdaq exchange with the symbol CTRN. The headquarters of Citi Trends is located in Savannah, Georgia.
Is Citi Trends a buy?
Citi Trends has received a consensus rating of Buy. The company’s average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.