SOURCE: Rue21
WARRENDALE, Pa., Feb. 9 /PRNewswire/
In spite of the economic recession, the teen clothing store Rue21 actually did well in 2008, with a good increase during the fourth quarter! Now the company plans to open 100 new stores this year (2009), while relocating and remodeling 30 out of 450 of their existing stores. By doing this the company will create 1200-1500 jobs and increase their market share throughout the country!!
The company's success this past year, has much to do with expanding their jewelry, handbags, and shoes in a new line called etc. ! Rue21 also expanded their line for guys, staying up-to-date with current trends and pumping new lines out fast!!
This article gave me hope!! If Rue21 is doing well and expanding there is an increasing amount of hope for other retailers! Rue21 is not even all that great! In fact, its kind of lousy. So for all of us in CARS about to graduate maybe more jobs will start opening up and we can look optimistically into the future! I am tired of being such a pessimist when thinking about the future and if I will be able to find a job.
But I guess only time will tell! :)
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