Subscribe and receive the latest news from the industry Article
Join 62,000+ members. Yes, it's completely free.
Chico’s FAS has announced a "retail fleet optimization plan" that includes plans to close 250 stores over the next three years.
License Global
February 14, 2019
1 Min Read
Chico’s FAS owns Chico's, White House Black Market and Soma.
In addition, the company will undergo a review of its operation and launch an omnichannel plan to increase efficiency and flexibility throughout the company. Chico’s currently operates roughly 1,400 stores in the U.S. and Canada.
According to a company statement, comps are doing better than the company initially forecasted. Chico’s comps are on pace with expectations for the fourth quarter. White House Black Market comps are up, and Soma sales are exceeding expectations.
About the Author(s)
You May Also Like
Editor's Choice
Sponsored Content
Sponsored Content
Apr 1, 2024
Sponsored Content
Apr 1, 2024
May 21 - May 23, 2024