{"id":7894,"date":"2016-10-12T09:29:02","date_gmt":"2016-10-12T09:29:02","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=7894"},"modified":"2016-10-12T09:29:02","modified_gmt":"2016-10-12T09:29:02","slug":"csg-snapshot-francescas-holdings-corp","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2016\/10\/csg-snapshot-francescas-holdings-corp\/","title":{"rendered":"CSG Snapshot: Francesca\u2019s Holdings Corp."},"content":{"rendered":"

\"francescas\"<\/a>8760 Clay Rd
\nHouston, TX 77080
\n(713) 864-1358
\nwww.francescas.com<\/a><\/p>\n

Total Stores<\/strong>
\n663
\n<\/strong><\/p>\n

Total Sales<\/strong>
\n$439 million<\/p>\n

Year Founded<\/strong>
\n1999<\/p>\n

Trading Areas<\/strong>
\nAL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV<\/p>\n

Senior Executives<\/strong>
\nPresident + CEO: Steven Lawrence
\nExec VP + Chief Administrative Officer: Kal Malik
\nExec VP + Chief Merchandising Officer: Laurie Hummel
\nExec VP + CFO: Kelly Dilts<\/p>\n

SNAP<\/span>FORWARD<\/span><\/strong><\/h3>\n

Snap back to early 2016. Statements from Francesca\u2019s called for 900 stores in five years, an ambitious but achievable (though perhaps not advisable) goal for this rapidly growing retailer of an \u201ceclectic mix of carefully-curated\u201d clothing, accessories and gifts. Store openings have been a necessity of late as comparable store sales have declined in two of the last three fiscal years. With new CEO Steven Lawrence taking the helm this month, following May\u2019s abrupt departure of Mike Barnes, time will tell whether the goal of 900 remains. Statements during September\u2019s Q2 earnings call (prior to the announcement of Lawrence\u2019s appointment) didn\u2019t explicitly back away from the goal but \u201cflexibility\u201d and \u201cdiligence\u201d were stressed in relation to future real estate moves. Chain Store Guide<\/strong> sees Francesca\u2019s closing the year with 665-670 stores (up from 616 at its open) and then taking its foot off of the gas in terms of store openings to focus on improved sales and profitability at the existing store level.<\/p>\n

\"francescas\"<\/p>\n

Source: Chain Store Guide\u2019s<\/strong> Database of Apparel Specialty Stores. *CSG projection based on proprietary analysis and company statements. Actual figures are subject to change. This data is not intended for investment decisions.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

8760 Clay Rd Houston, TX 77080 (713) 864-1358 www.francescas.com Total Stores 663 Total Sales $439 million Year Founded 1999 Trading Areas AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK,… Continue reading CSG Snapshot: Francesca\u2019s Holdings Corp.<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14],"tags":[15],"class_list":["post-7894","post","type-post","status-publish","format-standard","hentry","category-apparel-department","tag-snapshot","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/7894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=7894"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/7894\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=7894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=7894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=7894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}