A.J. Wright, launched in 1998, operates similarly to our other off-price concepts, but targets the moderate-income customer.
A.J. Wright offers family apparel and home fashions, with an emphasis on basics, footwear, juniors, and children's assortments, including toys and games.
Prices at A.J. Wright are 20-70% below regular prices at national discount chains and budget department stores.
At year-end 2007, A.J. Wright operated 129 stores. A.J. Wright stores average approximately 26,000 square feet in size.
We anticipate opening a net of five stores in 2008 and, long term, believe that the U.S. could support approximately 1,000 stores.