"In their full-price stores, they have been aggressive in their markdown activities in order to ensure timely clearance of all spring and summer merchandise and intend to remain aggressive into early third quarter. They are pleased with the early customer reactions to their first fall deliveries, and feel the Company has made a good transition to fall."
Dallas, Texas based Harold's Stores Inc, founded in 1948, is currently operates 41 upscale ladies' and men's specialty stores in 19 states. The Company's Houston locations are known as "Harold Powell."