The Company
Citi Trends, Inc. (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. The company currently operates over 585 stores and is well positioned for continued new store growth.
Market
Stores are located in 33 states in the Southeast, Mid-Atlantic, Midwest, Northeast, plus California, Nevada, and Texas. Proposed new stores can be located in either existing markets or new markets.
Real Estate Requirements
Strong position in high traffic shopping centers with grocery operator, off-price retail, discount stores, and/or dollar store co-tenancy preferred, but not required.
Site Requirements
The typical store is 11,000 to 14,000 square feet with minimum frontage of 65 feet. Storefront should have a raised parapet for signage, plus pylon/marquee signage.
Demographics
A minimum of 30,000 people in a trade area with a high concentration of African Americans and/or Hispanics.
Site Submissions
Please provide a site plan with the address, proposed space (with dimensions), co-tenants and vacancies clearly marked, traffic counts, aerial, 3 and 5-mile radius ring demographics, and contact information.
Contact Information
Real Estate Department, 104 Coleman Blvd., Savannah, GA 31408
E-mail: RealEstate@cititrends.com
