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United States Of America : Clothing Chain Cato Plans Expansion
2003-6-2 9:16:00
 After earning a good profit in recent times Cato Corp a women's discount clothing chain has announced to expand its business by opening 90 new stores this year and between 90 and 120 new shops annually for the next few years.

The North Carolina-based operator of 1,035 stores added it expects short term sales to be soft but is targeting an annual earnings and dividend growth rate of 10 per cent once the economy picks up.
 
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