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Destination Maternity sales marginally down in Q2 FY'13

12 Apr '13
4 min read

As of March 31, 2013, the Company operates 613 stores, 1,262 leased department locations and 1,875 total retail locations, compared to 643 stores, 1,384 leased department locations and 2,027 total retail locations operated as of March 31, 2012. 

In connection with the Company's new broad-based partnership with Bed Bath & Beyond Inc. and its subsidiary, Buy Buy Baby, Inc., the Company discontinued operation of its 124 remaining leased departments in Babies"R"Us stores in late October 2012 and began to open leased departments in select buybuy BABY stores. 

According to Bed Bath & Beyond Inc.'s latest public disclosure, as of April 10, 2013 there are 83 buybuy BABY stores.  As of March 31, 2013, the Company operates leased departments in 14 of these stores. Over time, the Company expects to significantly increase the number of buybuy BABY stores in which it has a maternity apparel leased department.

Destination Maternity

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