Cato Reports Temporary Store Closings

CHARLOTTE, N.C., March 18, 2020 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today announced the temporary closing of its retail locations.  Effective 6:00pm today, March 18, all Cato, It's Fashion, It's Fashion Metro and Versona stores will close from March 19, 2020 through April 1, 2020.

"As COVID-19 has dramatically impacted our customers and the communities in which we are located, we have concluded that it is in everyone's best interest to temporarily close our stores," said John Cato, Chairman, President and Chief Executive Officer.  Our primary concern remains the health and safety of our community, customers and associates.

To better serve our customers during this unprecedented time, we will continue to operate our e-commerce sites catofashions.com and shopversona.com and thank our associates who make that possible.  

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SOURCE The Cato Corporation

For Further Information Contact: John R. Howe, Executive Vice President, Chief Financial Officer, 704-551-7315