• METROPARK PULLS OUT OF IPO: Specialty retailer Metropark USA Inc. has withdrawn its shelf registration for an initial public offering. The original filing was on June 13, 2008. In a Securities and Exchange Commission filing on Friday, the City of Industry, Calif.-based retailer cited “changed circumstances regarding the securities markets” as the reason for the withdrawal. Since opening its first four stores in California in 2004, the 69-unit, mall-based chain has targeted men and women ages 20 to 30.
This story first appeared in the June 16, 2010 issue of WWD. Subscribe Today.