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Home > Company Index > Retail > Department Stores > Bradlees, Inc.

Bradlees, Inc.
Nasdaq: BRADQ
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 NEWS FROM THE STANDARD
Surviving the Shakeout
Feb 26 2001 12:00 AM PST

 PROFILE
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
Ames Department Stores, Inc. (AMES)
Kmart Corporation (KM)
Wal-Mart Stores, Inc. (WMT)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
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
• Peter Thorner
    CEO
• J. Gregory Ambro
    CFO

 CONTACT INFO
1 Bradlees Circle
Braintree, MA 02184
US
Phone: 781-380-3000
Fax: 781-380-8096

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