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Home > Company Index > Retail > Discount & Variety Retailing > Ames Department Stores, Inc.
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Ames Department Stores, Inc. |
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NEWS FROM THE WIRES |
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Nasdaq asks Ames for additional information Aug 20 2001 09:59 AM PDT
Ames Department Stores files for bankruptcy Aug 20 2001 08:19 AM PDT
Ames to close 47 stores, affecting 2,000 employees Aug 16 2001 06:15 AM PDT
Ames to close 47 stores, affecting 2,000 employees Aug 16 2001 06:15 AM PDT
Wal-Mart says shoppers spent 25 pct of tax rebates Aug 09 2001 01:46 PM PDT
> More WIRE STORIES about this company
PROFILE |
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Long before Wal-Mart invaded New England, Ames Department Stores offered hoi polloi discount shopping on a variety of general merchandise. It operates about 450 stores in 19 northeastern, mid-Atlantic, and midwestern states and in Washington, DC. Ames significantly bolstered its presence in those areas when it bought the 155-store Hills Stores chain in 1999. Located primarily in small cities and suburbs, Ames stores are generally smaller than the stores of national retailers such as Wal-Mart and Kmart. Most of its shoppers are women seeking discounted name brands (clothing, furniture, housewares), health and beauty aids, and crafts. Ames also attracts seniors through its 55 Gold discount card promotion.
COMPETITION |
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Kmart Corporation (KM)
Target Corporation (TGT)
Wal-Mart Stores, Inc. (WMT)
DEALS |
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Deal: TradeOut Partners With Ames Department Stores
Date Announced: 01.10.01
Value of transaction (US $Mil): 0
Description: Business-surplus retail site enters business partnership with nationwide discount retailer.
> Search all deals for this company
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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
2001 Sales (mil.): 3,953.60
1-Yr. Sales Growth: 3.0%
Employees: 32,700
Revenue per employee: $120,905.20
KEY PEOPLE |
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Joseph R. Ettore
CEO
Rolando de Aguiar
CFO
CONTACT INFO |
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2418 Main St.
Rocky Hill, CT 06067
US
Phone: 860-257-2000
Fax: 860-257-2198
Online: Web Site
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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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