Monday, February 9, 2009

 

rue21 Will Create 1200-1500 New Jobs in 2009

Release: February 9, 2009

rue21, the dominant teen specialty value retailer with 450 stores in 41 states, will create 1200-1500 new jobs in the nation in 2009.

Despite tough economic times and a spiraling retail market, the company had a healthy year in 2008 and an uplifting fourth quarter. rue21’s growth has been complemented by the addition of etc!, which greatly expands its accessories, including shoes, jewelry and handbags. rue21 opened 100 etc! stores in 2008. 200 of the rue21 stores are the expanded etc! store-within-store concept.

In addition to rapid growth in the girls fast-paced fashion business, rue21 has expanded their guys business. The company continues to build on the opportunistic market of guys fashion inspired by current trends, positioning the company ahead of other retailers by offering fast-paced fashion for guys at a value.

The company celebrated the 18,000 square foot expansion of its headquarters facility last year, increasing the overall size to 53,000 square feet. Also in 2008, the company customized a new 3,800 square foot office space in the fashion district in New York City.