TITLE

Anna's Linens Set to Go Public

AUTHOR(S)
Corral, Cecile B.
PUB. DATE
May 2005
SOURCE
Home Textiles Today;5/9/2005, Vol. 26 Issue 34, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the textile company Anna's Linens is planning to go public soon. The 182-store chain last week filed a registration statement with the Securities and Exchange Commission for an initial public offering of its common stock. Since 1998, Anna's has been steadily accelerating its expansion with an eye toward an eventual public offering. The core Anna's customer earns a median annual household income of $35,000 to $75,000. The opening of 49 new units last year contributed about $45.4 million of the sales increase. The remainder came partially from growing comparable store sales.
ACCESSION #
17003285

 

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