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A Chico's store in Chattanooga, Tennessee. Chico's FAS, Inc. is an American women's clothing and accessories retailer founded in 1983 on Sanibel Island, Florida.Founded by Marvin and Helene Gralnick, it is headquartered in Fort Myers, Florida and operates four brands: its namesake Chico's store, White House Black Market, Soma and TellTale.
Chico Marketplace originally opened in 1988 as Chico Mall. Its original anchor stores were Troutman's Emporium, Gottschalks, Longs Drugs, and Sears.Longs Drugs was soon converted to a JCPenney store, which moved from North Valley Plaza, a former competing shopping mall that has since converted into a conventional shopping center.
In 2003, Chico's FAS, Inc. purchased White House Black Market after the privately held firm went public. [6] The purchase price for the specialty retailer was $90M, with $85.6M in cash and about $4.4M in Chico's common stock. [7] In 2007, Donna M. Noce stepped into the role of White House Black Market brand President.
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