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Five main-street stores were opened in the first year, with two more being opened in 1947. Earnings for that year were $ 404,000. The company continued to open stores through the 1950s, including some in shopping centers.
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The company went public in 1968, took itself private in 1980, then went public again in 1987. Early in the 1990s, the business avoided bankruptcy by implementing a new discount pricing strategy and updating its inventory.
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In 1946, the company founder, Wayland Cato, left United
Merchants to launch his own business in Charlotte with his sons, Wayland Henry Cato, Jr., and Edgar Thomas.
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It's
Fashion Metro—Larger It's Fashion stores that also include clothing for men, big and tall men, infants and toddlers
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is an
American retailer of women's fashions and accessories. The company is headquartered in
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Cato stores are typically located in strip malls anchored by a national discounter like
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482:"About It's Fashion"
384:catocorp.gcs-web.com
234:The Cato Corporation
118:John P. Derham Cato
20:The Cato Corporation
207:Number of employees
104:Number of locations
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484:. CatoFashions.com
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263:. You can help by
61:Russell 2000 Index
359:finance.yahoo.com
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92:Headquarters
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34:Company type
435:. Cato Corp
520:Categories
488:2016-04-08
465:2014-03-05
439:2016-04-08
411:2014-03-05
405:"About Us"
332:References
272:March 2020
157:Net income
114:Key people
63:component
58:(Class A)
46:Traded as
68:Industry
389:Jan 29,
364:Jan 29,
296:Walmart
244:History
216:Website
125:Revenue
84:Founder
76:Founded
54::
98:, U.S.
38:Public
108:1,372
391:2021
366:2021
225:.com
79:1946
56:CATO
52:NYSE
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221:www
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
