With guidance from The Greenberg Group, White House Black Market increased US store presence from 37 to 134 stores, with an annual store compound growth rate of 54%. White House Black Market sold to Chicos for $90 million in 2003.
“The White House has maintained a very productive and effective relationship with The Greenberg Group over many years. In particular, we have appreciated their willingness to perform substantial due diligence and analysis on each potential site we have considered. The Greenberg Group has an experienced staff who can not only select strong potential new sites, but also can assist with an in-depth analysis, from demographics to comparative sales trends, on each new site. The result has been consistently strong performing new stores.”