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Thursday November 30, 1:59 pm Eastern Time
Press Release
SOURCE: Play Co. Toys & Entertainment Corp.
Play Co. Toys & Entertainment Corp. Announces Opening of 3 New Stores
OTC BB SYMBOLS: Common Stock - PLCO Series E Preferred Stock - PLCOP Series E Preferred Stock Warrants - PLCOW
SAN MARCOS, Calif., Nov. 30 /PRNewswire/ -- Play Co. Toys & Entertainment Corp. (OTC Bulletin Board: PLCO - news; ``Play Co. Toys'' or the ``Company'' for Play Co. Toys and subsidiaries collectively) announced today that it opened the final three stores planned for the year. All three stores opened on or before Friday, November 24, the day after Thanksgiving. The new stores are located in Mall of America, near Minneapolis, MN, Woodfield Mall in Schaumburg, Ill. and in Arundel Mills, near Baltimore, MD.
Richard Brady, Chief Executive Officer stated, ``We are extremely pleased to report that we have successfully completed our store expansion for 2000. These three stores are in line with our corporate strategy of opening new stores in high traffic malls. In addition, we believe that Mall of America will prove to be a strong volume store during the summer months and Arundel Mills is expected to be a top tourist draw for the state of Maryland. These locations further enhance our goal of opening stores in high traffic malls and tourist locations. We are very proud of the efforts of our corporate staff and dedicated employees who worked through the Thanksgiving weekend to assure that these stores opened in time for the Thanksgiving rush. Now that these stores are open, we are set to focus all of our efforts on the holiday selling season.''
Play Co. Toys is a toy retailer with 38 stores located in twelve states. All 38 of those stores are operated by the Company's Toys International.COM, Inc. subsidiary, which is publicly traded on the Frankfurt Stock Exchange under the ticker symbol TY40. The Company operates under the Play Co. Toys, Toys International and Toy Co. tradenames. The Company specializes in offering educational, specialty, collectible, specialty imported and traditional toys.
Statements contained in this press release which are not historical facts may be considered forward looking information with respect to plans, projections, or future performance of Play Co. Toys as defined under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those projected.
SOURCE: Play Co. Toys & Entertainment Corp. |
