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Home > Company Index > Retail > Department Stores > Bradlees, Inc.
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Bradlees, Inc. |
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NEWS FROM THE STANDARD |
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Surviving the Shakeout
Feb 26 2001 12:00 AM PST
PROFILE |
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Before the arrival of discount powerhouse Wal-Mart, regional discount retailers such as Bradlees ruled the roost. Bradlees' stores offered family apparel, home furnishings, and convenience products for moderate-income customers through more than 100 stores in seven northeastern states, primarily between Boston and Philadelphia. After surviving bankruptcy once (filing in 1995 and emerging in 1999), Bradlees filed for bankruptcy again in late 2000 with plans to liquidate, citing a tough credit climate. Bradlees has closed its stores and sold most of its other assets. Competitors, including Wal-Mart, Target, and Kohl's, have bought some of the company's former store locations.
COMPETITION |
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Ames Department Stores, Inc. (AMES)
Kmart Corporation (KM)
Wal-Mart Stores, Inc. (WMT)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: January
2000 Sales (mil.): 1,506.90
1-Yr. Sales Growth: 12.7%
Employees: 10,000
Revenue per employee: $150,690.00
KEY PEOPLE |
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Peter Thorner
CEO
J. Gregory Ambro
CFO
CONTACT INFO |
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1 Bradlees Circle
Braintree, MA 02184
US
Phone: 781-380-3000
Fax: 781-380-8096
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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