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  September 5, 2001
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Home > Company Index > Retail > Clothing, Shoe & Accessory Retailing > One Price Clothing Stores, Inc.

One Price Clothing Stores, Inc.
Nasdaq: ONPR
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 PROFILE
One Price is a Ms.-nomer. One Price Clothing Stores made its name offering women's and children's apparel and accessories at a uniform $7 price, but sluggish sales forced it to give up the one-price format and move into new categories (including men's apparel in some stores). One Price now operates about 635 OnePrice & More stores in 30 states, Puerto Rico, the US Virgin Islands, and Washington, DC. The off-price retailer buys manufacturer overruns, purchasing them late in the buying season at heavy discounts. Prices now range mostly from $7 to $15. It is testing its new BestPrice! Fashions banner in a few markets. Founder and third-generation retailer Henry Jacobs Jr. owns about 15% of the company.

 COMPETITION
Kmart Corporation (KM)
The TJX Companies, Inc. (TJX)
Wal-Mart Stores, Inc. (WMT)

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 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 355.60
1-Yr. Sales Growth: 5.6%
Employees: 4,200
Revenue per employee: $84,666.67

 KEY PEOPLE
• Leonard M. Snyder
    CEO
• H. Dane Reynolds
    CFO

 CONTACT INFO
1875 E. Main St.
Duncan, SC 29334
US
Phone: 864-433-8888
Fax: 864-433-9584
Online: Web Site

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