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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Yogizuna who wrote (1720)9/18/2000 8:54:59 AM
From: Art Baeckel  Read Replies (2) of 1911
 
Ames Department Stores, Inc. to Celebrate
Two Columbus-Area Grand Openings On
September 21, 2000

Business Wire - September 15, 2000 12:11

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ROCKY HILL, Conn.--(BUSINESS WIRE)--Sept. 15, 2000--

Ames Builds Two New Stores to Bring Statewide Store

Count to 55; Employment to More Than 4,250

Ames Department Stores, Inc. announced today it will celebrate the opening of
two Columbus area stores on September 21, 2000. The two locations
represent the company's first ground-up construction projects in more than a
decade.

With the opening of Ames' Canal Winchester and Columbus, Ohio stores,
Ames' statewide presence increases to 55 retail stores. At just over 65,000
square feet of selling space, these locations are built to replicate the benchmark
of Ames' success: a smaller, more manageable store footprint, an
easy-to-shop, bright layout, full-line product offerings at competitive prices, and
unparalleled customer service. Ames also operates a 1.1 million square foot
distribution center in Columbus.

"We had been looking for store opportunities in Columbus since the acquisition
of Hills Stores Company and our Columbus DC," noted Joseph R. Ettore,
Chairman and Chief Executive Officer for Ames. "These properties, the
neighborhoods they are in and Columbus' up-and-coming retail environment,
along with supportive local business partners who share our vision, made now
the right time. We couldn't be happier and look forward to serving Columbus
and Canal Winchester shoppers with the same quality, value and A+ service
that Ames shoppers across Ohio have been experiencing for nearly 25 years."

Ames senior executives, store associates and local dignitaries will kick-off the
Grand Opening Celebrations on Thursday, September 21, 2000, with a
ribbon-cutting ceremony at 9:00 a.m. Special Grand Opening events include
live musical entertainment, product demonstrations, costumed characters,
giveaways and sweepstakes. These special events will continue through
Saturday, September 23, 2000.

With 476 stores located in 19 states and the District of Columbia, Ames is the
nation's largest regional, full-line retailer with annual sales over $4 billion. Ames
offers a broad range of merchandise categories including family apparel,
housewares, domestics, electronics, ready-to-assemble and patio furniture,
jewelry, craft and pet supplies, health and beauty care items, stationery,
sporting goods, toys, seasonal products and more.

For fax copies of Ames' most recent news releases, dial 1-800-925-7792. To
find the location of the Ames store nearest you, dial 1-800-SHOP-AMES.

CONTACT: Ames Department Stores
Mary McCabe, 860/257-2590
Director, Corporate Communications
mmccabe@ameshome.com
Amy Romano, 860/257-5319
Manager, Public Relations
aromano@ameshome.com
amesstores.com
espanol.amesstores.com.
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