Franchise FAQ

how can i open a citi trends franchise

by Ocie Schiller Published 1 year ago Updated 1 year ago
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Full Answer

What is Citi Trends?

Is Citi Trends a publicly traded company?

About this website

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How many stores does Citi trend have?

600+ stores600+ stores, find a store near you!

Who is the owner of Citi Trends?

David N. Makuen (Mar 9, 2020–)Citi Trends / CEO

What type of business is Citi Trends?

Citi Trends is an American retail clothing chain selling discounted products targeted primarily at urban customers. Citi Trends, Inc. U.S. The company opened its first store in Savannah, Georgia in 1958 under the name Allied Department Stores.

Why is Citi Trends so cheap?

CTRN's fashion merchandising team didn't adequately adjust inventory to changing fashion trends, which resulted in a bloated inventory of old clothes that had to be sold at clearance prices.

Is Citi Trends going out of business?

It plans to open 35 stores this year and continue its remodeling initiative. Citi Trends ended the year with 609 stores. Its three-year plan calls for the opening of 100 new stores and the remodeling of at least 150 locations by the end of fiscal 2023.

How much do they pay at Citi Trends?

Hourly pay at Citi Trends, Inc. ranges from an average of $8.62 to $16.13 an hour. Citi Trends, Inc. employees with the job title Retail Store Manager make the most with an average hourly rate of $15.61, while employees with the title Sales Associate make the least with an average hourly rate of $8.80.

Is Citi Trends a black store?

Citi Trends, Inc., based in Savannah, Georgia, is a company that operates a chain of more than 250 stores selling value-priced, urban-inspired apparel and accessories, mostly catering to African-American family customers, who make up about 70 percent of the customer base.

How many doors does Citi Trends have?

Citi Trends is a discount retailer operating 574 stores in the US.

Where is Citi Trends headquarters?

Savannah, GACiti Trends / Headquarters

Does Citi Trends pay weekly?

They pay bi weekly.

When was Citi Trends founded?

1946Citi Trends / Founded

How many employees does Citi Trends have?

2,800 employeesCiti Trends has 2,800 employees.

When was Citi Trends founded?

1946Citi Trends / Founded

How many stores will Citi Trends have in 2023?

It also plans to remodel at least 150 stores by the end of fiscal 2023. Citi Trends also reported that its total sales for ...

When did Citi Trends move to expanded home assortments?

In November 2019 , Citi Trends moved to expanded home assortments and gift items in its stores. “We are thrilled with our holiday sales results that significantly exceeded our expectations,” said David Makuen, CEO.

What is Citi Trends?

(NASDAQ: CTRN), is the leading value retailer of apparel, accessories and home trends for way less spend primarily for African American families in the United States.

Is Citi Trends a publicly traded company?

Citi Trends has been in the apparel business for over 60 years. As of May 2005, Citi Trends became a publicly traded company on the Nasda q exchange with the symbol CTRN. Citi Trends is a specialty apparel retailer providing urban fashions for the value conscious family. The company operates over 550 stores and is positioned for continued growth.

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