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Financial Results, New Store Openings, Long term Alliances, and Merger Agreements - Research Report on Ascena, Nordstrom, Men's

    Financial Results, New Store Openings, Long term Alliances, and Merger
Agreements - Research Report on Ascena, Nordstrom, Men's Wearhouse, rue21, and
                                     DSW

PR Newswire

NEW YORK, September 30, 2013

NEW YORK, September 30, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Investors' Reports announced new research reports highlighting Ascena
Retail Group Inc. (NASDAQ: ASNA), Nordstrom Inc. (NYSE: JWN), The Men's
Wearhouse, Inc. (NYSE: MW), rue21, Inc. (NASDAQ: RUE), and DSW Inc. (NYSE:
DSW). Today's readers may access these reports free of charge - including full
price targets, industry analysis and analyst ratings - via the links below.

Ascena Retail Group Inc. Research Report

On September 24, 2013, Ascena Retail Group Inc. (Ascena) reported its Q4 FY
2013 financial results (period ended July 27, 2013). Net Sales increased by
27.5% YoY to $1.2 billion. Earnings from continuing operations stood at $38.3
million or $0.23 per diluted share, compared to $11.2 million or $0.07 per
diluted share in Q4 FY 2012. Adjusted earnings from continuing operations for
the quarter totaled $0.34 per diluted share compared to $0.29 per diluted
share in Q4 FY 2012. Commenting on the results, David Jaffe, President and CEO
of Ascena Retail Group, Inc. said, "We were pleased to see sales trends
improve across all brands in Q4. We remain on track to achieve our long range
synergy targets and are positioning the business for long term growth by
continuing to build infrastructure and add strong new talent." For full year
FY 2014 (period ending July 2014), the Company anticipates adjusted earnings
per diluted share from continuing operations to be in the range of $1.25 to
$1.30. The Full Research Report on Ascena Retail Group Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.investorsreports.com/report/2013-09-25/ASNA]

--

Nordstrom Inc. Research Report

On September 20, 2013, Nordstrom Inc. (Nordstrom) announced the opening of its
new, relocated store at Americana at Brand in Glendale, California. The
Company stated that the 135,000 square-foot store features a fresh interior
design concept, brand new farm-to-table restaurant Bar Verde, updated beauty
experience, and an expanded selection of designer fashion brands. Brynn
Herthel, Nordstrom Americana at Brand store manager said, "We're thrilled to
give our Glendale customers a brand new store and thank them for shopping with
us for the past 30 years. When our customers walk through the doors for the
first time we hope they'll love the new store design and enhanced merchandise
selection we can now offer them." The Full Research Report on Nordstrom Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.investorsreports.com/report/2013-09-25/JWN]

--

The Men's Wearhouse, Inc. Research Report

On September 24, 2013, The Men's Wearhouse, Inc. (Men's Wearhouse) announced
the extension of its strategic relationship with David's Bridal - the nation's
largest bridal retailer. The Company informed that the amendment in the
current contract extends the partnership by five years, with an option to
extend it for an additional five years. Doug Ewert, Men's Wearhouse President
and CEO, stated, "Our relationship with David's Bridal has been an important
part of our tuxedo marketing plan since 2007. We are excited to extend this
valuable partnership and enhance our co-marketing programs to continue
providing superior wedding services." The Full Research Report on The Men's
Wearhouse, Inc. - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.investorsreports.com/report/2013-09-25/MW]

--

rue21, Inc. Research Report

On September 19, 2013, rue21, inc. (rue21) announced that the Company's
stockholders have approved the previously announced merger agreement under
which funds advised by Apax Partners will acquire the shares of rue21 for
$42.00 per share in cash. rue21 informed that approximately 99.7% of the
shares voted at the special meeting were in favor of the agreement. The
Company stated that the transaction is expected to close in early October
2013, at which time rue21 will cease to trade on NASDAQ. The Full Research
Report on rue21, Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.investorsreports.com/report/2013-09-25/RUE]

--  

DSW Inc. Research Report

On September 19, 2013, DSW Inc. (DSW) announced that the Company is opening
its new store in Eatontown, New Jersey, effective September 26, 2013.
According to the Company, the new store is located at 135 Route 35, Eatontown,
NJ 07724. DSW stated that customers in the new location will now have an
experience of DSW's wide array of designer shoes, boots, and sandals at
everyday value prices in a convenient assisted self-select shopping
environment. The Full Research Report on DSW Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.investorsreports.com/report/2013-09-25/DSW]

----

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