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Afterthoughts (retailer)

Afterthoughts (occasionally stylized as After Thoughts) was a chain of accessory and jewelry stores in the United States, from the 1980s to 2002.

Afterthoughts
Defunct2002
FateAcquired by Claire's and merged into The Icing
SuccessorThe Icing
Number of locations
809 (1996)
768 (1999)
ParentF.W. Woolworth Company (1980s-1998)
Venator Group (1998-1999)
Claire's Stores, Inc (1999-2002)

History Edit

Woolworth's/Venator Group Edit

Then stylized as After Thoughts, the chain was created as one of the many specialty store subsidiaries of F. W. Woolworth Company (later Venator Group) in the 1980s.[1] By 1996, the chain had grown to a total of 809 stores, and grew further that year with the Venator Group's merger of 109 Accessory Lady stores, previously bought from Melville Corporation in 1993, into their various formats, including Afterthoughts.[2]

Claire's Stores, Inc. Edit

The chain, then reduced to 768 stores, was acquired by major competitor Claire's in late 1999, as the Venator Group began selling off or closing many of its specialty store chains to focus on Champs Sporting Goods and Foot Locker.[3] As stated in their 2000 annual report, Claire's at the time planned to convert their stores under The Icing name to Afterthoughts, as they targeted the same market, and Afterthoughts had higher sales and margins at the time.[4] In first-quarter 2000, Claire's announced that they were closing a total of 300 stores- 100 Claire's, and 200 Afterthoughts, in malls that could not support multiple stores.[5] Despite previously announced plans, by February 2, 2002, the Afterthoughts brand had been consolidated into Claire's existing The Icing brand, following a tumultuous 2001 fiscal year.[6]

References Edit

  1. ^ Barmash, Isadora (December 13, 1992). "Chain by Chain, Woolworth Reinvents Itself". The New York Times. Retrieved April 3, 2020.
  2. ^ "Woolworth to Switch Formats Of Its Accessory Lady Stores". The Wall Street Journal. May 22, 1996. Retrieved April 3, 2020.
  3. ^ Chandra, Shobhana (November 3, 1999). "CLAIRE'S STORES BUYS RIVAL AFTERTHOUGHTS". South Florida Sun-Sentinel. Retrieved April 3, 2020.
  4. ^ Claire's 2000 Annual Report (PDF). Claire's Stores, Inc. January 29, 2000. pp. 8, 9.
  5. ^ "Claire's Stores Third Quarter Sales Up 35%". Claire's Stores, Inc Financial Press Releases. November 16, 2000. Retrieved April 3, 2020.
  6. ^ Claire's Stores, Inc Annual Report. Claire's Stores, Inc. February 2, 2002. p. 2.

afterthoughts, retailer, afterthoughts, occasionally, stylized, after, thoughts, chain, accessory, jewelry, stores, united, states, from, 1980s, 2002, afterthoughtsdefunct2002fateacquired, claire, merged, into, icingsuccessorthe, icingnumber, locations809, 199. Afterthoughts occasionally stylized as After Thoughts was a chain of accessory and jewelry stores in the United States from the 1980s to 2002 AfterthoughtsDefunct2002FateAcquired by Claire s and merged into The IcingSuccessorThe IcingNumber of locations809 1996 768 1999 ParentF W Woolworth Company 1980s 1998 Venator Group 1998 1999 Claire s Stores Inc 1999 2002 Contents 1 History 1 1 Woolworth s Venator Group 1 2 Claire s Stores Inc 2 ReferencesHistory EditWoolworth s Venator Group Edit Then stylized as After Thoughts the chain was created as one of the many specialty store subsidiaries of F W Woolworth Company later Venator Group in the 1980s 1 By 1996 the chain had grown to a total of 809 stores and grew further that year with the Venator Group s merger of 109 Accessory Lady stores previously bought from Melville Corporation in 1993 into their various formats including Afterthoughts 2 Claire s Stores Inc Edit The chain then reduced to 768 stores was acquired by major competitor Claire s in late 1999 as the Venator Group began selling off or closing many of its specialty store chains to focus on Champs Sporting Goods and Foot Locker 3 As stated in their 2000 annual report Claire s at the time planned to convert their stores under The Icing name to Afterthoughts as they targeted the same market and Afterthoughts had higher sales and margins at the time 4 In first quarter 2000 Claire s announced that they were closing a total of 300 stores 100 Claire s and 200 Afterthoughts in malls that could not support multiple stores 5 Despite previously announced plans by February 2 2002 the Afterthoughts brand had been consolidated into Claire s existing The Icing brand following a tumultuous 2001 fiscal year 6 References Edit Barmash Isadora December 13 1992 Chain by Chain Woolworth Reinvents Itself The New York Times Retrieved April 3 2020 Woolworth to Switch Formats Of Its Accessory Lady Stores The Wall Street Journal May 22 1996 Retrieved April 3 2020 Chandra Shobhana November 3 1999 CLAIRE S STORES BUYS RIVAL AFTERTHOUGHTS South Florida Sun Sentinel Retrieved April 3 2020 Claire s 2000 Annual Report PDF Claire s Stores Inc January 29 2000 pp 8 9 Claire s Stores Third Quarter Sales Up 35 Claire s Stores Inc Financial Press Releases November 16 2000 Retrieved April 3 2020 Claire s Stores Inc Annual Report Claire s Stores Inc February 2 2002 p 2 Retrieved from https en wikipedia org w index php title Afterthoughts retailer amp oldid 1148103161, wikipedia, wiki, book, books, library,

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