Avenue (store)

Avenue Stores, LLC
Company typePrivate
IndustryRetail
Founded1987; 37 years ago (1987) (as The Avenue)
Defunct2019 (stores)
FateBankruptcy
HeadquartersRochelle Park, New Jersey, U.S.
Number of locations
222 (33 states)[1] (2019)
Key people
Mark Walsh (CEO)
ProductsClothing, footwear, jewelry
RevenueIncreaseUS$399.25.1 million (2006)
IncreaseUS$12.982 million (2006)
IncreaseUS$10.48 million (2006)
OwnerVersa Capital Management
Websitewww.avenue.com

Avenue Stores LLC was a specialty retailer in the United States offering plus-size clothing to women who wear larger-size clothing. The company serves a target audience of women aged between 25 and 55 years of age, wearing apparel of size 14 or larger, and also sells shoes and accessories.[2] The group operated 222 stores in 33 states in 2019,[1] all under the name The Avenue.[3]

Avenue Stores LLC was headquartered in New Rochelle, New Jersey and went through a series of parent companies, with Versa Capital Management, a private equity firm overseeing its final bankruptcy.[4] It also operated the women fashion brands Loralette and Cloudwalkers.[5]

Avenue closed all of its stores by 2019, remaining only as an online retail operation.

  1. ^ a b "Avenue store closings 2019: Plus-size retailer files for bankruptcy". www.usatoday.com. Retrieved 2019-08-23.
  2. ^ "Retailer Avenue opens Okemos store". Lansing State Journal. July 4, 2009.
  3. ^ "History of United Retail Group Inc. – FundingUniverse". www.fundinguniverse.com. Retrieved August 23, 2019.
  4. ^ Verdon, Joan (May 30, 2012). "Avenue clothing store prepares to close Saddle Brook location". The Record.
  5. ^ Grill-Goodman, Jamie (October 26, 2018). "Avenue Stores Launches New Mobile App". Retail Info Systems. Retrieved 12 March 2021.