A.C. Moore Commences Expansion into Southeast.Business Editors BLACKWOOD, N.J.--(BUSINESS WIRE)--March 8, 2000 A.C. Moore Arts & Crafts, Inc. (Nasdaq: ACMR ACMR Air Combat Maneuvering Range ACMR Airspace Control Measure Request ACMR Annual Cost Monitoring Report ACMR Advanced Computer for Medical Research ACMR Aircraft Configuration Management Review (USAF) ACMR Asymmetrical Compact Microstrip Resonator ) has commenced its expansion into the Southeast with the opening of a new superstore today in Winston-Salem, North Carolina Winston-Salem is a city in the U.S. state of North Carolina. As of the 2000 census, the city population was 185,776; in 2004 the city annexed an additional 17,483 raising the population to 203,259. . The new store represents the first of three slated to open in North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. during the spring of 2000. The other locations are Charlotte and Wilmington. During the fall, A.C. Moore will open a fourth superstore in Hickory, North Carolina Hickory is a city in Catawba County, North Carolina, United States. Hickory has the 162nd largest urban area in the United States. It is the economic, social, and cultural center of the Catawba River Valley. . According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. A.C. Moore president and chief executive officer Jack Parker This article is about the American ice hockey player and coach. For the English cricketer, see Jack Parker (cricketer). Jack Parker (born March 11, 1945 in Somerville, Massachusetts) is the current head coach of the Boston University Terriers men's ice hockey team. , the expansion is consistent with the company's long term objectives. "One of our objectives is to become a national chain. The move into the Southeast is simply the next step in a nationwide expansion." Parker added that the Southeast was an ideal locale for expansion because the region could be adequately serviced by A.C. Moore's existing warehousing operations in southern New Jersey. A.C. Moore operates arts and crafts arts and crafts, term for that general field of applied design in which hand fabrication is dominant. The term was coined in England in the late 19th cent. as a label for the then-current movement directed toward the revivifying of the decorative arts. superstores that offer a vast assortment of traditional and contemporary arts, crafts and floral merchandise for a wide range of customers. The Company operates 41 superstores in the Northeast and Southeast regions. This press release contains statements that are forward-looking within the meaning of applicable federal securities laws and are based on A.C. Moore's current expectations and assumptions, which are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Factors that could cause actual results to differ from those anticipated include, but are not limited to, customer demand and trends in the arts and crafts industry, related inventory risks due to shifts in customer demand, the effect of economic conditions, the impact of competitors' locations or pricing, the availability of acceptable real estate locations for new stores, difficulties with respect to new information system technologies and the Company's ability or difficulties related to new store openings, the effectiveness of advertising strategies and other risks detailed in the Company's Securities and Exchange Commission filings. |
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