| Business Summary | | The
Elder-Beerman
Stores
Corp.
operates
department
stores
that
sell
a
wide
range
of
moderate
to
better
branded
merchandise,
including
women's,
men's
and
children's
apparel
and
accessories,
cosmetics,
home
furnishings,
and
other
consumer
goods.
In
addition,
the
Company
operates
its
private
label
credit
card
program
through
its
wholly
owned
subsidiary,
The
El-Bee
Chargit
Corp.
As
of
fiscal
year
end
2000,
Elder-Beerman
operated
62
department
stores
and
two
furniture
stores,
principally
in
smaller
Midwestern
markets
in
Ohio,
West
Virginia,
Indiana,
Illinois,
Michigan,
Wisconsin,
Kentucky
and
Pennsylvania. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Elder-Beerman
Stores
operates
department
stores
that
sell
a
range
of
moderate
to
better
brand
merchandise,
including
apparel,
cosmetics,
home
furnishings
and
other
consumer
goods.
For
the
13
weeks
ended
5/5/01,
total
revenues
fell
1%
to
$147.3
million.
Net
loss
decreased
93%
to
$212
thousand.
Revenues
reflect
a
2.9%
decrease
in
comparable
store
sales.
Lower
loss
reflects
expense
initiatives
implemented
as
part
of
the
Company's
new
strategic
plan. Recent Earnings Announcement For
the
13
weeks
ended
08/04/2001,
revenues
were
137,752;
after
tax
earnings
were
-3,571. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Frederick Mershad, 58 Chairman,
Pres, CEO | $681K | Scott Davido, 39 CFO,
Exec. VP, Sec., Treasurer | 333K | James Zamberlan, 54 Exec.
VP of Stores | 395K | Steven Lipton, 50 Sr.
VP, Controller | 265K | Debra Edwards Sr.
VP of Sales and Marketing | -- | Dollar amounts are as of 3-Feb-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
|
|