Men’s Warehouse Completes Acquisition
Houston, Men’s Warehouse said Monday it has completed the acquisition of the After Hours Formalwear stores from Federated Department Stores Inc. for $100 million. Federal antitrust regulators cleared the deal on March 23.
Men’s Warehouse also said that its exclusive arrangement with David’s Bridal will be extended to its own stores and Moores store brands.
Christopher & Banks Reports Flat Sales
Minneapolis, Christopher & Banks Corp. announced Thursday its comp-store sales were flat for March, but better than the company expected. Total sales at stores open at least a year for the women’s apparel retailer were to $41.7 million, up 15% from $36.4 million in the same period a year ago. That’s an improvement from February, when comp-store sales dropped 13% from the prior-year period.
Grand Opening for Dick’s Sporting Goods
Commerce City, Colo., Saturday will mark the official grand opening of the latest corporate-endorsed sports arenas with the inauguration of Dick’s Sporting Goods Park. The 18,000-seat outdoor professional soccer stadium and field park, whose name hails from the 294-unit Dick’s Sporting Goods chain, will host the opening of the 2007 MLS season this Saturday between the Colorado Rapids and D.C. United.