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Corporate Overview
Casual Male Retail Group, Inc. is the largest specialty retailer of big and
tall men’s apparel, with over 531 store locations throughout the United States,
London, England and Canada, along with substantial e-commerce and catalog
operations. Casual Male operates under the trade names of Casual Male Big and
Tall, Rochester Big & Tall Clothing and Sear’s Canada- Casual Male.
Market Leadership The growing big and tall market size is
approximately $5.5 - $6.0 billion and is extremely fragmented. Operating over
496 Casual Male Big & Tall specialty and outlet stores in 44 states, Casual
Male is the leading specialty retailer in the big & tall market. With the
acquisition in October 2004, of 22 Rochester Big & Tall Clothing stores and
direct to consumer business, Casual Male now dominants both the mid price and
high end of the big and tall market. Casual Male’s market leading position
results in considerable purchasing power, favorable size and style selection and
customer convenience, which positions us to take advantage of the growth in the
big and tall category.
Multi-Channel Retailer We have positioned ourselves as a
multi-channel retailer with each channel providing support for the other
channels. We look to reach out to our ever-growing customer base by opening
additional Casual Male and Rochester retail stores in strategic locations and
employing targeted marketing programs to increase our catalog circulation and
e-commerce site traffic.
Lean Operating Philosophy Our management team has a long and proven
track record as low cost operators. We firmly believe we can deliver excellent
product and service to our customers while providing maximum return to our
shareholders via a highly efficient operating structure. Since we acquired the
Casual Male business in May 2002, our operating team has successfully generated
$25 million in annual operating cost savings and continues to focus on driving
additional efficiencies.
Compelling Product Offering We make shopping easy for the big and
tall man. We offer hard to find sizes in a wide variety of basic casual wear and
sportswear in a user-friendly store format. We understand the needs of the big
and tall man and provide not only the wide range of sizes he desires but also
knowledgeable, friendly staff and in-store ordering from our catalog to ensure
our customer finds his size. Our Casual Male product assortment includes both
national brands, such as Perry Ellis America, Polo Jeans, Geoffrey Beene, Izod
and Reebok as well as our in house brand, the George Foreman Comfort Zone that
offers a compelling price/value/fit proposition for our customer. Our Rochester
stores offer an assortment of the finest in men’s apparel, with brands like
Burberry, Ermenegildio Zegna, Polo/Ralph Lauren and Andrew Marc.
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