Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Ames Department Stores (AMES) -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Tang who wrote (929)	1/27/1998 5:03:00 PM
From: Market Tracker	Read Replies (1) \| Respond to of 1911

Ames to Open New Store in Johnstown, Pa Tuesday January 27, 4:32 pm Eastern Time Company Press Release SOURCE: Ames Department Stores, Inc. ROCKY HILL, Conn., Jan. 27 /PRNewswire/ -- Ames Department Stores, Inc. (Nasdaq: AMES - news) today announced that it will open its 58th store in Pennsylvania in the fall of 1998. Ames entered into a lease agreement with Westwood Zamias Partnership for the 60,000 square-foot store, which is located in the Westwood Plaza at Minno and Theatre Drive in Johnstown, Pa. Joseph R. Ettore, Ames' President and Chief Executive Officer, said, ''We are delighted to announce our fourth 1998 store opening. Along with our Saratoga Springs, N.Y.; Bradford, Pa.; and North Cape May N.J. stores, which will open in the spring, we are now looking forward to fall when Ames in Johnstown will open for business as our newest addition to the chain. I personally invite Johnstown residents and those of surrounding communities to attend our Grand Opening in September of 1998.'' Ames is a full-line discount retailer, offering in 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. Ames, which operates 298 stores in 14 Northeastern states and the District of Columbia, is the nation's sixth-largest discount department store chain, with annual total sales of $2.2 billion. For fax copies of Ames' most recent news releases, dial 1-800-758-5804 Ext. 036787. To find the location of the Ames store nearest you, dial 1-800-SHOP-AMES. SOURCE: Ames Department Stores, Inc. --------------------------------------------------------------------------------