Apparel Retailers Expanding Nationwide

Kip Craft, Inc. trades as Schoolbell’s at six locations throughout IL, IN, MI and OH. The apparel stores, specializing in school uniforms, occupy a space of 3,000 sq.ft. in freestanding locations and strip centers. Plans call for three openings throughout the existing markets during the coming 18 months.

For more information, contact Bruce Carroll, Kip Craft, Inc., 4747 West 60th Street, Cleveland, OH 44135; 216-8989-5500, Fax 216-898-5520; Web site: www.schoolbells.com.

Goody’s Family Clothing, Inc. trades as Goody’s at 328 locations throughout AL, AR, FL, GA, IL, IN, KY, LA, MO, MS, NC, OH, OK, SC, TN, TX, VA and WV. The family apparel stores occupy spaces of 20,000 sq.ft. to 30,000 sq.ft. in strip and power centers, malls and freestanding locations. Plans call for 10 to 12 openings throughout the existing markets during the coming 18 months. The company prefers to cotenant with Wal*Mart, Target, T.J. Maxx and Bed Bath & Beyond. Leases running five to 10 years are typical. A turnkey is required. Preferred demographics include a population of 50,000 within five miles earning $25,000 to $40,000 as the average household income. The company cites Target, Kohl’s, T.J. Maxx and JCPenney as competition.

For more information, contact Steve Cauthen, Goody’s Family Clothing, Inc., 400 Goody’s Lane, Knoxville, TN 37922; 865-966-2000, Fax 865-777-4210; Email: scauthe@gdys.com.

Formal Specialists, Ltd. trades as Al’s Formal Wear, Ascot Tuxedos and Bridesmart at 125 locations throughout LA, NM, OK and TX. The formalwear stores occupy spaces of 1,200 sq.ft. to 10,000 sq.ft. in malls and power centers. Growth opportunities are sought throughout LA, OK and TX during the coming 18 months. A vanilla shell and tenant improvement allowance are required. Preferred demographics for Al’s Formal Wear include a population of 125,000 within five miles earning 35,000 as the average household income. Preferred demographics for Bridesmart include a population of 350,000 to 400,000 within five miles. Leases running five years are typical.

Haband Co. trades as Haband Outlet Stores at 14 locations throughout NJ and PA. The apparel stores occupy spaces of 3,600 sq.ft. to 4,200 sq.ft. in strip and outlet centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Leases running five years are typical. The company prefers sites anchored by supermarkets, banks and drug stores.

Danice Stores, Inc. trades as Danice Store at 13 locations throughout NY. The apparel stores, specializing in ladies fashions at budget prices, occupy a space of 5,000 sq.ft. in power centers and urban/downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Leases running 15 years are typical. The company prefers to locate near Wal*Mart, T.J. Maxx and Kmart.