Avenue (store)

Avenue Stores LLC
Private
Industry Retail
Founded 1987
Headquarters Rochelle Park, New Jersey, USA
Products Clothing, footwear, jewelry.
Revenue IncreaseUS$399.25.1 million (2006)
IncreaseUS$12.982 million (2006)
IncreaseUS$10.48 million (2006)
Owner Versa Capital Management
Website www.avenue.com

Avenue Stores LLC is a specialty retailer in the United States, offering plus-size clothing. The company serves a target audience of women aged between 25 and 55 years of age, wearing apparel sized 14 or larger. The group operates five-hundred stores in 37 states,[1] all under the name The Avenue.[2]

The company was purchased by Redcats USA, part of the French group Kering, in November, 2007.[3]

Early in 2012, United Retail Group, Inc., Avenue's parent company, filed for Chapter 11 Bankruptcy and was acquired by Versa Capital Management.

References

  1. ↑ URGI Company Profile Yahoo.com, last accessed on April 15th, 2007
  2. ↑ http://www.fundinguniverse.com/company-histories/united-retail-group-inc-history/
  3. ↑ Redcats USA Completes Tender Offer for United Retail Group; Expects to Acquire Remaining Shares Shortly. | Business Wire (, 2007)

External links

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