Business: Cato
Location: Consumer Square, Wrangleboro Road, Mays Landing
Owner: The Cato Corp.
Employees: 8
Phone: 609-569-9028
The Cato fashion chain has opened its opens its newest store in the Consumer Square power center in Mays Landing.
Cato is a specialty retailer of value-priced women's fashion apparel, jewelry, shoes and accessories. It aims to offer exclusive fashions in the newest styles, colors and fabrics.
The stores feature fashion styles in sizes 6 to 26 and girls' sizes 8 to 16. New styles are delivered to all stores every week.
"With exclusive styles, on-trend fashions and low prices every day, our customers can always find their statement of style while enjoying their shopping experience at Cato. We are excited about the opening of our new store in Mays Landing," John Cato, chairman, president and chief executive officer, said in a statement.
Carol Allgeyer, of Mays Landing, will manage the new store. As store manager, Allgeyer's responsibilities include assisting customers in wardrobe selection and creating an easy shopping experience.
The Cato Corporation is a specialty retailer operating in three concepts - Cato, Versona and It's Fashion - with more than 1,300 stores in 32 states. The other New Jersey store is in Pennsville, and there are six Cato stores located throughout Pennsylvania. Additional information on the Cato Corp. is available at CatoFashions.com .
The Cato concept offers styles for any occasion - work or play, dressy or casual. A substantial portion of Cato's merchandise is sold under its private labels and is produced by various vendors in accordance with the company's specifications. The company offers its own credit card and layaway plan.
Charlotte, N.C.-based Cato Corp., which trades on the New York Stock Exchange, in saw a 3 percent decrease in sales to $100 million for the five weeks ended Dec. 29.
"December same-store sales results were negatively impacted by bad weather in a number of our markets early in the month," Cato said in a statement. "Excluding the impact of this weather event, the sales environment remained difficult but same-store sales were in line with our year-to-date trend."
Cato said the company has been pleased with the initial results from its ecommerce site, launched in late November.
Business editor Kevin Post
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