Citi Trends
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Citi Trends is an American retail clothing chain selling discounted products targeted primarily at urban customers. The company opened its first store in
Savannah, Georgia Savannah ( ) is the oldest city in the U.S. state of Georgia (U.S. state), Georgia and is the county seat of Chatham County, Georgia, Chatham County. Established in 1733 on the Savannah River, the city of Savannah became the Kingdom of Great Br ...
in 1958 under the name Allied Department Stores. The company began renaming its stores Citi Trends in 2000, and officially became Citi Trends in 2001. Citi Trends comprises more than 600+ stores in 33 states. The chain is known for targeting urban, lower-income customers. In May, 2005, Citi Trends had become a publicly traded company on the Nasdaq exchange with the symbol CTRN. The headquarters of Citi Trends is located in Savannah, Georgia. There is also a distribution center in Darlington, South Carolina along with one in
Roland Roland (; frk, *Hrōþiland; lat-med, Hruodlandus or ''Rotholandus''; it, Orlando or ''Rolando''; died 15 August 778) was a Frankish military leader under Charlemagne who became one of the principal figures in the literary cycle known as the ...
, Oklahoma. On February 28, 2005, Citi Trends Inc. went public in an initial public offering of stock worth up to $57.5 million. In March 2017, Chief Executive Jason Mazzola resigned after two years in the position and five years at the company. Chief Financial Officer and Chief Operating Officer Bruce Smith will step in as acting CEO until a permanent replacement can be found. A Citi Trends store was among the property locations destroyed by
arson Arson is the crime of willfully and deliberately setting fire to or charring property. Although the act of arson typically involves buildings, the term can also refer to the intentional burning of other things, such as motor vehicles, wat ...
during the
George Floyd protests in Minneapolis–Saint Paul Local protests over the murder of George Floyd (sometimes called the Minneapolis riots or Minneapolis uprising) began on May 26, 2020, and quickly inspired a global protest movement against police brutality and racial inequality. The initial ...
in May 2020.


References

Companies based in Savannah, Georgia American companies established in 1958 Retail companies established in 1958 Clothing retailers of the United States 1958 establishments in Georgia (U.S. state) Companies listed on the Nasdaq {{US-retail-company-stub