Avenue (store)

Avenue Stores LLC
Private
Industry Retail
Founded 1987 (1987) (as The Avenue)
Headquarters Rochelle Park, New Jersey, U.S.
Key people
 Elizabeth Williams (CEO)
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 500 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)
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