CEO: Belt-tightening fashion shoppers find Maurices a good fit
For Maurices, growth was aided by the recession.
The reason? The Duluth-based women's clothing company is positioned to capitalize as consumers spend more wisely.
Maurices, which was purchased by Dress Barn of Suffern, N.Y., in 2004, has remained profitable, gained market share on more expensive competitors and continued to open more stores.