Ames Looks to `Upside Potential'.

From: MMR | Date: May 14, 2001 | Copyright information

ROCKY HILL, Conn. -- "Challenging" is the word Ames Department Stores Inc. chairman and chief executive officer Joseph Ettore uses to describe the regional discount store chain's current predicament. "Disappointing" also works its way into his remarks when discussing last year's performance.

"Obviously 2000 was a very difficult year for us," is how Ettore opened a March conference call with retail analysts soon after the chain's fourth quarter and full-year results were ...

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