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Brandon Damon, Marita Welander, Sadie Williams
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Background Opened in 1988 by Orv Madden
First store opened in Westminster, California Located in malls around the country 609 store locations 1996- publicly traded company on NASDAQ Stores in all 50 states and Puerto Rico
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Background continued Sales slow to pick up
Less than $100 in sales some days Re-evaluated merchandise Moved to Montclair, California Music driving force behind inventory
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The Look Typically seen as dark and “goth”
Not inviting to average customer Target customer years Mainstream
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New Direction Moving from a dark image to a new “scenster” with a indie flare Neon colors 80’s “new wave with a twist”
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Strengths Location Private label brand Partnership and promotions
Online sales Charities
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Weaknesses Limited target market Niche style Store layout
Too much merchandise
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Opportunities Expand internationally Advertising
Branch out to new segments
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Threats Spencer’s Gifts, Zumiez, Vans and PacSun Rising fuel prices
Threat of new entrants Falling behind the trends
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