| Business Summary | | Syms
Corp.
operates
a
chain
of
45
"off-price"
retail
stores
located
throughout
the
Northeastern
and
Middle
Atlantic
regions
and
in
the
Midwest,
Southeast
and
Southwest.
Each
Syms
store
offers
a
broad
range
of
first
quality,
in-season
merchandise
bearing
nationally
recognized
designer
or
brand-name
labels
at
prices
substantially
lower
than
those
generally
found
in
department
and
specialty
stores.
Syms
directs
its
merchandising
efforts
at
predominantly
middle-income,
fashion-minded
and
price-conscious
customers.
The
Company
maintains
a
277,000-square-foot
distribution
center
and
executive
headquarters
in
Secaucus,
New
Jersey. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Syms
Corp.
operates
a
chain
of
45
off-price
retail
stores
located
throughout
the
U.S.,
offering
a
range
of
first
quality
in-season
merchandise
bearing
nationally
recognized
designer
or
brand-name
labels.
For
the
13
weeks
ended
6/2/01,
net
sales
fell
12%
to
$71.6
million.
Net
loss
totaled
$777
thousand
vs.
an
income
of
$144
thousand.
Results
reflect
the
closing
of
two
stores,
a
difficult
economic
environment
and
the
absence
of
$537
thousand
in
one-time
gains. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Sy Syms, 75 Chairman,
Director | $841K | Marcy Syms, 50 CEO,
Pres, Director | 558K | Allen Brailsford, 57 Exec.
VP | 141K | Ronald Zindman, 51 Exec.
VP and Gen. Merchandise Mang. | 367K | James Donato, 45 VP-Operations | -- | Dollar
amounts are as of 3-Mar-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|