Around the Net
Tilly's Loyalty Program Hits 1 Million Members
- Orange County Register, Friday, April 10, 2015 10:57 AM
Irvine-based Tilly’s, a household name in the under-24 set, recently announced plans to open at least 15 new stores this year after opening 19 last year – an 8 percent increase for the teen apparel retailer. There’s been a lot of growth since the first shop opened in 1982 in Los Alamitos. Last year, total net sales were $518 million, up 4.5 percent. Comparable store sales were down roughly 3 percent, which the company attributed to “increased costs related to new stores growing at a faster rate than sales.”
