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To: stomper who wrote (194702)	10/1/2002 9:46:35 PM
From: Joan Osland Graffius	Read Replies (2) \| Respond to of 436258

stomper, I have shopped at CHS for years. They have good quality products that are unique. I have things in my closet that I bought over 6 years ago and they still good to go and look good. They are not inexpensive and can charge a premium for their products. They are masters at selling as they move the goods between stores in local locations and in theory the product selection is larger relative to square feet of other retailers. For example they will move products between the 50th and France outlet and the Wayzata outlet and provide a larger selection to their customer than the floor space allows. They purchase products from small "design" houses that purchase high quality material and are high quality construction producers in South America. They have some small houses where they purchase all the product they make. They do not have sales - they just have a few sale items that have been in inventory that do not sell and that group of products is very small. When this stock gets cheap - it is a buy. A good stock to buy during recessions when it gets sold off. Joan

To: stomper who wrote (194702)	10/4/2002 6:40:34 AM
From: MoneyPenny	Respond to of 436258

CHS discounts to its customer base after $500 accumulated purchases and the 5% discount is permanent. You also get coupons almost every month worth 50% off one piece. Once you get hooked into this and into their stretchy clothing (nice for older women whose metabolisms are, well, getting a little sluggish) you really can't fit into anything else. I took out an Armani suit about a month ago to get ready for fall....aaargh, back to Chicos. They are also expanding with Traders, a very hip furniture & home accessory chain combined with dining, unique concept but doing ok here in Florida (I live in their CHS hometown) and another store concept for women under 40 which will be a little cheaper. Clothing retailers have not been meeting women's needs, that is why the strength of CHS this year and last. They have executed very well. I will buy CHS again when it comes down. It has shown up on all kinds of stock screens this year so I sold and am just waiting to buy again.