Casual Male Retail changes its NASDAQ´s ticker symbol

Casual Male Retail Group, Inc. (NASDAQ: CMRG), the

largest multi-channel specialty retailer of big & tall men's apparel and accessories, Tuesday announced that it will change its NASDAQ Global Market ticker symbol to "DXLG" from "CMRG" to reflect the company's transition to its Destination XL® retail stores and DestinationXL.com e-commerce website.

The new "DXLG" ticker symbol will be effective at the start of trading on Wednesday, December 5, 2012.

"The Company is in the process of transitioning from the old Casual Male brand to our new Destination XL ("DXL®") retail stores and DestinationXL.com website," said President and CEO David Levin in an statement released Tuesday.

"The 44 DXL stores that are currently open have out-performed our current Casual Male XL stores and we are excited about the significant potential growth opportunities. We currently expect to open 225 to 250 DXL stores and to close all of our traditional Casual Male XL locations by the end of fiscal 2015. Our new "DXLG" ticker symbol is better aligned with the new brand and reflects this growth initiative."