| Business Summary | | Today's
Man,
Inc.
is
an
operator
of
menswear
superstores,
specializing
in
tailored
clothing,
furnishings,
sportswear
and
shoes.
The
Company
operates
a
chain
of
25
superstores,
ranging
in
size
from
approximately
18,000
to
34,000
gross
square
feet,
in
the
Greater
Philadelphia,
Washington,
D.C.
and
New
York
markets.
The
Company
closed
its
Center
City,
Philadelphia,
Pennsylvania
store,
the
Manhasset,
New
York
store,
the
Norwalk,
Connecticut
store
and
the
Towson,
Maryland
store
in
fiscal
2000.
Subsequent
to
fiscal
year-end
2001,
the
Company
closed
its
online
virtual
superstore,
Todaysman.com.
Today's
Man's
merchandise
assortment
consists
principally
of
tailored
clothing
(suits,
sportcoats,
slacks,
formal
wear
and
outerwear),
furnishings
and
accessories
(dress
shirts,
ties,
belts,
suspenders,
underwear,
socks,
scarves
and
gloves),
sportswear
(casual
pants,
sportshirts,
sweaters
and
jackets)
and
shoes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Today's
Man
operates
menswear
stores
specializing
in
tailored
clothing,
furnishings
sportswear
and
shoes.
The
Company
operates
25
superstores
in
the
Greater
Philadelphia,
Washington,
D.C.
and
NY
markets.
For
the
13
weeks
ended
5/5/01,
net
sales
fell
23%
to
$31.6
million.
Net
loss
fell
58%
to
$2.2
million.
Revenues
reflect
lower
foot
traffic.
Lower
loss
reflects
higher
initial
markups
on
inventory,
reduced
personnel
expenses
and
lower
professional
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| David Feld, 53 Chairman | $194K | Bruce Weitz, 53 Pres,
CEO, Director | 205K | Neal Fox, 66 Vice
Chairman | -- | Frank Johnson, 51 CFO,
Exec. VP | 264K | Mycal Webster, 51 Exec.
VP, Store Operations | 229K | 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
|
|