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  September 5, 2001
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Home > Company Index > Retail > Discount & Variety Retailing > Weiner's Stores, Inc.

Weiner's Stores, Inc.
OTC: WEIR
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 PROFILE
Weiner's Stores has come to the end of its bun. In June 2001 the company announced plans to close all of its stores and begin liquidating its assets. Weiner's runs about 100 outlets, mostly in urban strip malls in Texas, but also in Louisiana, Mississippi, and Alabama. The company primarily sells discounted name-brand apparel and shoes, as well as bed and bath items, fragrances, electronics, and toys. Hispanic and African-American shoppers make up nearly 90% of Weiner's customers. Founded in 1926 by Isidore Weiner, the firm emerged from over two years of bankruptcy protection in 1997, only to file again in 2000. Chase Manhattan owns 47% of the company; the Weiner family still owns 10%.

 COMPETITION
Ross Stores, Inc. (ROST)
Stein Mart, Inc. (SMRT)
Wal-Mart Stores, Inc. (WMT)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 249.10
1-Yr. Sales Growth: (10.0)%
Employees: 1,557
Revenue per employee: $159,987.15

 KEY PEOPLE
• Raymond J. Miller
    CEO
• Michael S. Marcus
    CFO

 CONTACT INFO
6005 Westview Dr.
Houston, TX 77055
US
Phone: 713-688-1331
Fax: 713-688-6976
Online: Web Site

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Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


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