October 29, 1997 |
Pacific Sunwear of California Inc. said Tuesday that Greg Weaver, president and chief executive, has also been named chairman. He remains chief executive. Julius Jensen III, who served as chairman since February 1996, will remain a director. In addition, the company named Timothy M. Harmon, currently executive vice president of merchandising, as president and chief merchandising officer.
September 16, 1998 |
Pacific Sunwear of California Inc. said it plans to open 100 new stores during 1999, raising the Anaheim retailer's total to 442 by the end of next year. The company said the new locations will include 67 Pacific Sunwear stores, eight Pacific Sunwear Outlet stores and 25 D.E.M.O. Stores.
March 24, 2000 |
Pacific Sunwear of California Inc. said Thursday it will offer its own credit card, beginning in July, at the Anaheim retailer's PacSun and PacSun Outlet stores and at its Web site, http://www.pacsun.com. The casual apparel chain's stock moved up $1.88 a share to $33.25 in Nasdaq trading.
January 14, 2011 |
Teen clothing chain Anchor Blue Inc. has filed for bankruptcy again and will close all 117 stores, most of them in California. The Corona chain began holding a going-out-of-business sale late last week, with markdowns of 40% to 60%, according to firms that have been hired to run the liquidation. The sale will continue until all merchandise is sold. Founded four decades ago as Miller's Outpost, the chain specialized in selling jeans, casual wear and accessories. By 1989 the popular family-oriented apparel chain had expanded to more than 300 stores in California, Arizona, Nevada, New Mexico and other states.
April 9, 1999
Pacific Sunwear of California Inc. said Thursday that sales for the five weeks ended April 5 surged 34%, to $33.8 million. Sales at stores open at least a year--a key measure of growth--rose 7.6%. The Anaheim-based company sells surf and skate apparel and accessories at 353 stores in 43 states. Its shares fell $1.75, to $36.25, in Nasdaq trading.
November 11, 1998
Pacific Sunwear of California Inc.: The Anaheim retailer of casual apparel and accessories said net income for the third fiscal quarter ended Nov. 1 totaled $8.1 million, or 38 cents a share, 40% higher than the $5.8 million, or 27 cents a share, for the third quarter of fiscal 1997. Sales rose 41% to a record $91.8 million from $65.3 million. Same-store sales increased 8%.