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Partnership with Magic Marketing Peerless Carpet PRG Shares issued 12,606,009 Apr 28 close $3.35 Wed 29 Apr 98 News Release Mr. Jeff Casselman reports Peerless Carpet has formed partnership with Magic Marketing dedicated to retail floorcovering. The first new initiative from this alliance under the banner Your HomeStyle, provides a total solutions package for independent North American floorcovering retailers addressing the varied lifestyle needs of today's consumer. Magic Marketing, through its America's Carpet Gallery division, has 150 member stores covering 40 states. More than doubling its membership in 1997, America's Carpet Gallery is the fastest growing group of independent floorcovering retailers in North America. O. Sands Woody, Jr., a recognized innovator of many floorcovering industry retail programs and president of ACG, will head up the partnership assuming the title of COO. Roger Ardston, an industry veteran, former CEO of Independent Floorcovering Dealers of America Inc. and former owner of a successful 18 store retail floorcovering chain, has been appointed executive vice-president of the partnership. The rollout of the Your HomeStyle banner in Canada will commence within the next few weeks with selected independent floorcovering retailers across the country. America's Carpet Gallery is based in Roanoke, Virginia with sales and marketing offices in Acworth, Georgia. America's Carpet Gallery offers the most comprehensive consumer focused marketing services in the floor covering industry. Its services include exclusive brands, advertising, merchandising, training and promotion compatible with the varying lifestyles of today's discriminating consumers. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com |