About DESTINATION MATERNITY CORPORATION

The destination for moms-to-be may be a store operated by Destination Maternity, a designer and seller of  mid-priced to high-end maternity apparel. Its three chains (A Pea in the Pod, Destination Maternity, and Motherhood Maternity) occupy more than 2,000 retail locations, including more than 650 company-owned sites and about 1,400 leased spaces in department and specialty stores (Boscov'sMacys) in the US, Canada, and Puerto Rico. The company is also the exclusive supplier of maternity apparel to more than 1,100 Kohl's stores nationwide. Most of its merchandise is designed by the company and made by third-party contractors. The company was founded in 1982 as Mothers Work.

The deep recession, high unemployment, and continued economic uncertainty have conspired to hold down birthrates and prompted some expectant women to borrow, rather than buy new, maternity clothes. As a result, Destination Maternity has suffered sales declines in three of the past four years. In fiscal 2011 (ends September) net sales grew by more than 2%, but were still about 6% below fiscal 2007 levels. (Same-store sales have been negative or flat for the past five years.) As a result, the retailer has aggressively closed stores, shuttering about 235 underperforming locations since fiscal 2005.

While reducing the number of company-owned stores, Destination Maternity has expanded its leased presence. The number of leased departments in Macy's stores increased from 115 locations to more than 630 department stores throughout the US in 2011. The growth at Macy's helped to offset the decline resulting from the closing of its leased departments in about 290 Kmart stores during the year.

Outside the US, Destination Maternity has about 35 Motherhood Maternity stores and an online presence in Canada. The company has been developing its presence outside North America through three international franchise agreements to get a foot in the door in the Middle East and in South Korea. It's most focused on India, though, in 2012. Destination Maternity opened its first freestanding store near Delhi with franchise partner Mahindra Retail, which has helped the US maternity retailer grow its shop-in-shop presence through its Mom & Me stores to more than 75 locations.

Wellington Management Company owns more than 10% of the company's shares.

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DESTINATION MATERNITY CORPORATION

232 Strawbridge Dr #100
Moorestown, NJ 08057-4603
Phone: 1 (856) 291-9700
Fax: 1 (215) 873-0869

Stats

  • Employer Type: Public
  • Stock Symbol: DEST
  • Stock Exchange: NASDAQ
  • Director, Web Merchandising: Megan David
  • Controller: Ron Martignoni
  • Chief Executive Officer, Director: Anthony Romano

Major Office Locations

  • Moorestown, NJ

Other Locations

  • Anchorage, AK
  • Dothan, AL
  • Foley, AL
  • Hoover, AL
  • Leeds, AL
  • Montgomery, AL
  • Tuscaloosa, AL
  • Fort Smith, AR
  • Little Rock, AR
  • North Little Rock, AR
  • Rogers, AR
  • Chandler, AZ
  • Glendale, AZ
  • Mesa, AZ
  • Phoenix, AZ
  • Tempe, AZ
  • Tucson, AZ
  • Yuma, AZ
  • Anderson, CA
  • Arcadia, CA
  • Bakersfield, CA
  • Beverly Hills, CA
  • Brea, CA
  • Camarillo, CA
  • Capitola, CA
  • Carlsbad, CA
  • Cerritos, CA
  • Chino, CA
  • Concord, CA
  • Corte Madera, CA
  • Costa Mesa, CA
  • Daly City, CA
  • Downey, CA
  • El Cajon, CA
  • Escondido, CA
  • Folsom, CA
  • Fresno, CA
  • Glendale, CA
  • Hayward, CA
  • Huntington Beach, CA
  • Lakewood, CA
  • Los Angeles, CA
  • Milpitas, CA
  • Mission Viejo, CA
  • Montebello, CA
  • Moreno Valley, CA
  • Northridge, CA
  • Novato, CA
  • Ontario, CA
  • Palm Desert, CA
  • Palmdale, CA
  • Petaluma, CA
  • Pleasanton, CA
  • Redding, CA
  • Riverside, CA
  • Roseville, CA
  • Sacramento, CA
  • San Bernardino, CA
  • San Diego, CA
  • San Francisco, CA
  • San Jose, CA
  • San Luis Obispo, CA
  • San Mateo, CA
  • Santa Ana, CA
  • Santa Clara, CA
  • Sherman Oaks, CA
  • Simi Valley, CA
  • Stockton, CA
  • Temecula, CA
  • Thousand Oaks, CA
  • Torrance, CA
  • Tracy, CA
  • Vacaville, CA
  • Ventura, CA
  • Victorville, CA
  • Visalia, CA
  • Walnut Creek, CA
  • West Covina, CA
  • Westminster, CA
  • Woodland Hills, CA
  • Castle Rock, CO
  • Colorado Springs, CO
  • Denver, CO
  • Englewood, CO
  • Fort Collins, CO
  • Grand Junction, CO
  • Greenwood Village, CO
  • Lakewood, CO
  • Loveland, CO
  • Westminster, CO
  • Danbury, CT
  • Hartford, CT
  • Milford, CT
  • New Britain, CT
  • South Windsor, CT
  • Stamford, CT
  • Trumbull, CT
  • West Hartford, CT
  • Westport, CT
  • Christiana, DE
  • Dover, DE
  • Newark, DE
  • Rehoboth Beach, DE
  • Altamonte Springs, FL
  • Boca Raton, FL
  • Boynton Beach, FL
  • Coral Gables, FL
  • Daytona Beach, FL
  • Destin, FL
  • Fort Lauderdale, FL
  • Fort Myers, FL
  • Gainesville, FL
  • Jacksonville, FL
  • Lauderhill, FL
  • Melbourne, FL
  • Miami, FL
  • Orlando, FL
  • Palm Beach Gardens, FL
  • Pembroke Pines, FL
  • Saint Augustine, FL
  • Sanford, FL
  • Sunrise, FL
  • Tallahassee, FL
  • Tampa, FL
  • Wesley Chapel, FL
  • West Palm Beach, FL
  • Alpharetta, GA
  • Atlanta, GA
  • Augusta, GA
  • Buford, GA
  • Columbus, GA
  • Commerce, GA
  • Dawsonville, GA
  • Duluth, GA
  • Evans, GA
  • Kennesaw, GA
  • Lawrenceville, GA
  • Macon, GA
  • Mcdonough, GA
  • Morrow, GA
  • Newnan, GA
  • Savannah, GA
  • Aiea, HI
  • Waipahu, HI
  • Cedar Rapids, IA
  • Coralville, IA
  • Council Bluffs, IA
  • Davenport, IA
  • Williamsburg, IA
  • Boise, ID
  • Idaho Falls, ID
  • Aurora, IL
  • Champaign, IL
  • Chicago, IL
  • Fairview Heights, IL
  • Gurnee, IL
  • Hinsdale, IL
  • Joliet, IL
  • Naperville, IL
  • Normal, IL
  • Northbrook, IL
  • Oak Brook, IL
  • Orland Park, IL
  • Peoria, IL
  • Riverside, IL
  • Rockford, IL
  • Schaumburg, IL
  • Skokie, IL
  • Springfield, IL
  • Vernon Hills, IL
  • Carmel, IN
  • Edinburgh, IN
  • Fort Wayne, IN
  • Greenwood, IN
  • Indianapolis, IN
  • Lafayette, IN
  • Michigan City, IN
  • Mishawaka, IN
  • Plainfield, IN
  • Kansas City, KS
  • Shawnee Mission, KS
  • Topeka, KS
  • Wichita, KS
  • Bowling Green, KY
  • Florence, KY
  • Lexington, KY
  • Paducah, KY
  • Simpsonville, KY
  • Alexandria, LA
  • Baton Rouge, LA
  • Bossier City, LA
  • Houma, LA
  • Kenner, LA
  • Lafayette, LA
  • Lake Charles, LA
  • Metairie, LA
  • Monroe, LA
  • Auburn, MA
  • Boston, MA
  • Braintree, MA
  • Cambridge, MA
  • Hanover, MA
  • Holyoke, MA
  • Hyannis, MA
  • Natick, MA
  • North Attleboro, MA
  • Peabody, MA
  • Quincy, MA
  • Swansea, MA
  • Wrentham, MA
  • Baltimore, MD
  • Bethesda, MD
  • Catonsville, MD
  • Columbia, MD
  • Gaithersburg, MD
  • Glen Burnie, MD
  • Hagerstown, MD
  • Hanover, MD
  • Owings Mills, MD
  • Waldorf, MD
  • Wheaton, MD
  • Kittery, ME
  • South Portland, ME
  • Ann Arbor, MI
  • Auburn Hills, MI
  • Birch Run, MI
  • Flint, MI
  • Fort Gratiot, MI
  • Grandville, MI
  • Howell, MI
  • Lansing, MI
  • Livonia, MI
  • Novi, MI
  • Saginaw, MI
  • Sterling Heights, MI
  • Taylor, MI
  • Troy, MI
  • Westland, MI
  • Albertville, MN
  • Bloomington, MN
  • Duluth, MN
  • Eden Prairie, MN
  • Hopkins, MN
  • Mankato, MN
  • Minneapolis, MN
  • Rochester, MN
  • Saint Paul, MN
  • Hazelwood, MO
  • Joplin, MO
  • Kansas City, MO
  • O Fallon, MO
  • Saint Louis, MO
  • Saint Peters, MO
  • Springfield, MO
  • Flowood, MS
  • Gulfport, MS
  • Hattiesburg, MS
  • Southaven, MS
  • Billings, MT
  • Missoula, MT
  • Asheville, NC
  • Cary, NC
  • Charlotte, NC
  • Concord, NC
  • Durham, NC
  • Fayetteville, NC
  • Greensboro, NC
  • Hickory, NC
  • Raleigh, NC
  • Rocky Mount, NC
  • Smithfield, NC
  • Winston Salem, NC
  • Bismarck, ND
  • Fargo, ND
  • Lincoln, NE
  • Omaha, NE
  • Manchester, NH
  • Nashua, NH
  • Salem, NH
  • Cherry Hill, NJ
  • Deptford, NJ
  • Dover, NJ
  • East Brunswick, NJ
  • Eatontown, NJ
  • Edgewater, NJ
  • Edison, NJ
  • Elizabeth, NJ
  • Florence, NJ
  • Freehold, NJ
  • Livingston, NJ
  • Mays Landing, NJ
  • North Brunswick, NJ
  • Paramus, NJ
  • Princeton, NJ
  • Short Hills, NJ
  • Shrewsbury, NJ
  • Tinton Falls, NJ
  • Toms River, NJ
  • Voorhees, NJ
  • Wayne, NJ
  • Albuquerque, NM
  • Henderson, NV
  • Las Vegas, NV
  • Reno, NV
  • Albany, NY
  • Amherst, NY
  • Brooklyn, NY
  • Carle Place, NY
  • Cheektowaga, NY
  • Commack, NY
  • Deer Park, NY
  • Elmhurst, NY
  • Flushing, NY
  • Huntington Station, NY
  • Johnson City, NY
  • Lake Grove, NY
  • Long Island City, NY
  • Manhasset, NY
  • Massapequa, NY
  • Middletown, NY
  • New Hartford, NY
  • New York, NY
  • Niagara Falls, NY
  • Plattsburgh, NY
  • Rochester, NY
  • Staten Island, NY
  • Syracuse, NY
  • Valley Stream, NY
  • Victor, NY
  • Waterloo, NY
  • West Nyack, NY
  • Westbury, NY
  • White Plains, NY
  • Yonkers, NY
  • Akron, OH
  • Beachwood, OH
  • Beavercreek, OH
  • Canton, OH
  • Cincinnati, OH
  • Columbus, OH
  • Dayton, OH
  • Fairlawn, OH
  • Holland, OH
  • Jeffersonville, OH
  • Lima, OH
  • Mentor, OH
  • Reynoldsburg, OH
  • Strongsville, OH
  • Toledo, OH
  • Westlake, OH
  • Youngstown, OH
  • Lawton, OK
  • Oklahoma City, OK
  • Tulsa, OK
  • Medford, OR
  • Portland, OR
  • Salem, OR
  • Troutdale, OR
  • Woodburn, OR
  • Altoona, PA
  • Bensalem, PA
  • Camp Hill, PA
  • Erie, PA
  • Fairless Hills, PA
  • Greensburg, PA
  • Hershey, PA
  • King Of Prussia, PA
  • Lancaster, PA
  • Mercer, PA
  • Moosic, PA
  • North Wales, PA
  • Philadelphia, PA
  • Pittsburgh, PA
  • Plymouth Meeting, PA
  • Reading, PA
  • Springfield, PA
  • Tannersville, PA
  • Whitehall, PA
  • Wilkes Barre, PA
  • Willow Grove, PA
  • York, PA
  • Canovanas, PR
  • Hatillo, PR
  • Cranston, RI
  • Providence, RI
  • Warwick, RI
  • Bluffton, SC
  • Columbia, SC
  • Greenville, SC
  • Mount Pleasant, SC
  • Myrtle Beach, SC
  • North Charleston, SC
  • Spartanburg, SC
  • Rapid City, SD
  • Sioux Falls, SD
  • Chattanooga, TN
  • Franklin, TN
  • Goodlettsville, TN
  • Knoxville, TN
  • Memphis, TN
  • Murfreesboro, TN
  • Nashville, TN
  • Sevierville, TN
  • Abilene, TX
  • Arlington, TX
  • Beaumont, TX
  • Brownsville, TX
  • Burleson, TX
  • Cedar Hill, TX
  • Cedar Park, TX
  • College Station, TX
  • Conroe, TX
  • Corpus Christi, TX
  • Dallas, TX
  • Denton, TX
  • El Paso, TX
  • Fort Worth, TX
  • Friendswood, TX
  • Frisco, TX
  • Harlingen, TX
  • Houston, TX
  • Humble, TX
  • Hurst, TX
  • Katy, TX
  • Killeen, TX
  • Laredo, TX
  • Mcallen, TX
  • Mckinney, TX
  • Mesquite, TX
  • Pasadena, TX
  • San Antonio, TX
  • San Marcos, TX
  • Sugar Land, TX
  • The Woodlands, TX
  • Waco, TX
  • Layton, UT
  • Logan, UT
  • Orem, UT
  • Park City, UT
  • Provo, UT
  • Salt Lake City, UT
  • Sandy, UT
  • St George, UT
  • Arlington, VA
  • Fairfax, VA
  • Fredericksburg, VA
  • Leesburg, VA
  • Mc Lean, VA
  • North Chesterfield, VA
  • Roanoke, VA
  • Springfield, VA
  • Vienna, VA
  • Virginia Beach, VA
  • Williamsburg, VA
  • Woodbridge, VA
  • South Burlington, VT
  • Auburn, WA
  • Bellevue, WA
  • Lynnwood, WA
  • North Bend, WA
  • Seattle, WA
  • Spokane, WA
  • Spokane Valley, WA
  • Tacoma, WA
  • Tukwila, WA
  • Union Gap, WA
  • Appleton, WI
  • Brookfield, WI
  • Eau Claire, WI
  • Green Bay, WI
  • Johnson Creek, WI
  • Madison, WI
  • Milwaukee, WI
  • Oshkosh, WI
  • Wausau, WI
  • Barboursville, WV
  • Charleston, WV
  • Brampton, Canada
  • Burnaby, Canada
  • Calgary, Canada
  • Coquitlam, Canada
  • Edmonton, Canada
  • Halifax, Canada
  • Hamilton, Canada
  • Kelowna, Canada
  • Kitchener, Canada
  • Laval, Canada
  • London, Canada
  • Mississauga, Canada
  • Moncton, Canada
  • Nepean, Canada
  • Newmarket, Canada
  • North York, Canada
  • Ottawa, Canada
  • Pickering, Canada
  • Regina, Canada
  • Saint-Bruno, Canada
  • Saskatoon, Canada
  • St. John'S, Canada
  • Sudbury, Canada
  • Toronto, Canada
  • Vancouver, Canada
  • West Vancouver, Canada
  • Winnipeg, Canada
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