USA: Cato In Expansion Drive
The Cato Corp, a specialty retailer of women's apparel with more than 850 stores, plans to expand from its Southern base into new markets, said the company's CEO, John Cato. The moves are part of Cato's plans to become a national chain within five years. The company expects to open 65 stores in 2000 and plans to open 80-120 new stores per year for the next several years.
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