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Home > Company Index > Retail > Department Stores > Mervyn's California

Mervyn's California
 NEWS FROM THE STANDARD
Target Sings Joy to the Web
Oct 09 2000 06:40 AM PDT

 PROFILE
Mervyn's California has been getting picked on by its big brother, among others. The Target Corporation subsidiary operates about 270 midrange department stores in California and 13 other states, primarily in the Midwest and West. In addition to name-brand apparel and housewares, Mervyn's California offers goods under its own private labels, including Hillard & Hanson. About half of its stores are in regional malls, catering primarily to working moms ages 25 to 49. The retailer has been squeezed by more upscale department stores as well as discount chains such as its parent company's cash cow Target stores. And how's this for fostering sibling resentment: Mervyn's California has helped fund Target's growth.

 COMPETITION
American Retail Group, Inc. (dossier)
J. C. Penney Company, Inc. (JCP)
The TJX Companies, Inc. (TJX)

 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 4,152.00
1-Yr. Sales Growth: 1.3%
Employees: 29,000
Revenue per employee: $143,172.41

 KEY PEOPLE
• Diane Neal
    CEO
• Chuck Lynch
    CFO

 CONTACT INFO
22301 Foothill Blvd.
Hayward, CA 94541
US
Phone: 510-727-3000
Fax: 510-727-5770
Online: Web Site

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