Sales dip marginally at Destination Maternity in Q4 FY'12

The decrease in leased department locations at the end of September 2012 versus the end of September 2011 predominantly reflects the closure of the Company's 291 remaining leased departments within Kmart locations in October 2011.  Kmart represented only a small portion of the overall sales generated by the Company's leased department relationship with Sears and Kmart through the Company's agreement with Sears Holdings Corporation. 

The Company continues to operate leased departments in Sears stores throughout the United States.  As of September 30, 2012, the Company operates 515 leased department locations in Sears stores.

Destination Maternity Corporation is the world's largest designer and retailer of maternity apparel. In the United States and Canada, as of September 30, 2012, Destination Maternity operates 2,008 retail locations, including 625 stores, predominantly under the tradenames Motherhood Maternity, A Pea in the Pod, and Destination Maternity, and 1,383 leased department locations, and sells on the web through its brand-specific websites.

Destination Maternity Corporation