BNET Industries
Last Fiscal Year Sales:$37.5M
- Private
- US
Dow Jones Description
Club Libby Lu is the brainchild of veteran retailer Mary Drolet. A former Montgomery Ward & Co. and Claire's Stores, Inc. executive, she recognized the lack of retail competition and the growing numbers in the tween market. Census figures for 2003 report that the tween girl market has grown to nearly 18 million girls ages 5 to 13. As the mother of a "tweenage" daughter, Drolet saw first-hand the opportunity that existed to create a special place "just for girls." Drolet and two partners formed the specialty retail concept as a unique shopping and play experience. Drolet named the store after her imaginary childhood playmate and opened the first location in August 2000 at Woodfield Mall in Schaumburg, Ill. Saks, Incorporated, acquired the company's 11 stores in 2003 and retained Drolet as CEO. The Club exudes fun, whether girls are shopping, hanging out with friends or having a party. The design of all aspects of the Club, including the logo, colors and fixture height, appeal to the tween customer. Club Libby Lu operates 87 mall-based locations nationwide as of 2006. A flagship resort store opened in 2004 in the Downtown Disney District at Disneyland Resort. Future plans include growing the chain by 15 percent annually over the next five years.
CEO
Mary DroletNumber of Employees 74
Peer Companies
NAICS Code Children's and Infants' Clothing Stores: 448130
News & Analysis
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club libby lu llc - All News and Analysis
Saks Incorporated Announces Results for the Third Quarter Ended November 1, 2008
- 2008-11-18
NEW YORK -- Retailer Saks Incorporated (NYSE: SKS) ("Saks" or the "Company") today announced results for the third quarter and nine months ended November 1, 2008. Overview of Results for the Third Quarter and Nine Months Saks recorded a net loss of $42.8 million, or $.31 per share,...
Saks Incorporated to Discontinue Club Libby Lu Operations
- 2008-11-05
NEW YORK -- Retailer Saks Incorporated (NYSE: SKS) (the "Company") today announced its plans to discontinue the operations of its Club Libby Lu specialty store business. The Company expects the Club Libby Lu store closure process will be completed by the end of the Company's first fiscal quarter ending May...
Concert prize rescinded over falsehoods in essay
- 2007-12-30
GARLAND, Texas AP -- A 6-year-old girl who won four tickets to a Hannah Montana concert with an essay falsely claiming her father died in Iraq isn't going to the show after all. The contest's sponsor, a store chain named Club Libby Lu, withdrew the prize Saturday and...
Puttin' on the Ritz is for 'tweens, too
- 2007-03-26
CLUB LIBBY LU in Pleasanton was awash in sparkly girliness on a Friday evening. Hannah Montana tunes wafted out the door, and a gaggle of giggling 7-year-olds excitedly waited to have their nails done at Anna Siebel's "sparkle spa" birthday party. For $600 and change, the youngsters...
Saks Incorporated Announces February Comparable Store Sales Increase of 24.7%
- 2007-03-07
NEW YORK -- Retailer Saks Incorporated (NYSE: SKS) (the "Company") today announced that for the four weeks ended March 3, 2007 compared to the four weeks ended February 25, 2006, total sales increased 26.5% and comparable store sales increased 24.7%. Total and comparable store sales shown below represent Saks Fifth...
Saks Incorporated Announces November Comparable Store Sales Increase of 7.2%
- 2006-11-30
BIRMINGHAM, Ala. -- Retailer Saks Incorporated (NYSE: SKS) (the "Company") today announced that for the four weeks ended November 25, 2006 compared to the four weeks ended November 26, 2005, total Company comparable store sales increased 7.2%, and total sales decreased 49.3%. Sales below are in millions and represent sales...
Saks Incorporated Announces Results for the Third Quarter and Nine Months Ended October 28, 2006
- 2006-11-14
- Company posts third quarter income from continuing operations of $12.5 million vs. loss of $13.5 million last year - BIRMINGHAM, Ala. -- Retailer Saks Incorporated (NYSE: SKS) ("Saks" or the "Company") today announced results for the third quarter and nine months ended October 28, 2006. The Company...
Saks Incorporated Announces October Comparable Store Sales Increase of 9.2%
- 2006-11-02
BIRMINGHAM, Ala. -- Retailer Saks Incorporated (NYSE: SKS) (the "Company") today announced that for the four weeks ended October 28, 2006 compared to the four weeks ended October 29, 2005, total Company comparable store sales increased 9.2%, and total sales decreased 46.7%. Sales below are in millions and represent sales...
Young American retailer Club Libby Lu has launched a line of cosmetics aimed at the growing pre-teen market.(INTERNATIONAL NEWS)
- 2006-09-22
Young American retailer Club Libby Lu has launched a line of cosmetics aimed at the growing pre-teen market. Pink Twinkle features products such as roll-on body glitter and a colour compact and has 21-year-old Disney Channel star Ashley Tisdale as its face. The Saks-owned retailer has...
Sadove named CEO of Saks Inc., Wilson resigns.(Stephen Sadove, Fred Wilson)(Brief Article)
- 2006-01-16
BIRMINGHAM, ALA. -- Saks Incorporated has named Stephen Sadove CEO, succeeding Brad Martin. Sadove is currently vice chairman and chief operating officer. BIRMINGHAM, ALA. -- Saks Incorporated has named Stephen Sadove CEO, succeeding Brad Martin. Sadove is currently vice chairman and chief...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Mary Drolet | CEO |
| Tina Spagnola | Executive Vice President of Merchandising and Marketing for Club Libby Lu |
| Organization | Position | Status |
|---|---|---|
| Club Libby Lu, LLC | CEO | Current |
| Club Libby Lu, LLC | President | Current |
| Organization | Position | Status |
|---|---|---|
| Club Libby Lu, LLC | Executive Vice President of Merchandising and Marketing for Club Libby Lu | Current |
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