Ames Reports Exceptional Phase Three Grand Openings and the Successful Absorption of the Hills Chain.ROCKY HILL Rocky Hill, town (1990 pop. 16,554), Hartford co., central Conn., a suburb of Hartford, on the Connecticut River; settled c.1650, inc. 1843. Chemical coatings and synthetic textiles are made there. Rocky Hill was an important river port from 1700 to 1820. , Conn.--(BUSINESS WIRE)--September 27, 1999-- Company's market presence is enhanced with 161 stores opened so far this year Ames Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AMES) today announced the successful Grand Openings of 56 newly renovated stores in Connecticut, Illinois, Indiana, Kentucky, Massachusetts, Ohio, Tennessee and West Virginia West Virginia, E central state of the United States. It is bordered by Pennsylvania and Maryland (N), Virginia (E and S), and Kentucky and, across the Ohio R., Ohio (W). Facts and Figures Area, 24,181 sq mi (62,629 sq km). Pop. . On September 23, Ames welcomed thousands of customers from the local communities to its new stores, one of the largest and most successful retail Grand Openings to date. Forty-seven stores are the last of the former Hills stores, marking the final of three conversion phases transforming the stores to the Ames format. Nine stores are former Caldor sites. Ames has opened a record 161 stores in 1999 so far, propelling the Company to the nation's largest regional discount retailer. The Hills acquisition established Ames in five new states and has strategically positioned the Company for future growth. "We more than met our expectations in all three phases of Grand Openings," said Joseph R. Ettore, Ames' President & Chief Executive Officer. "We saw a tremendous turnout in the communities and received positive response to our A+ customer service and our `Bargains by the Bagful.'" Ettore continued, "This strategic acquisition has not only brought us this incredible feedback, but has enhanced the Company's market position in the discount retail industry. The success of the Grand Openings is a measure of Ames' continued commitment to our customers and our shareholders. We are confident that this positive momentum will continue in all of our stores." With over 455 stores, including the recently acquired Hills stores and certain former Caldor sites, located in 19 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Ames is the nation's largest regional full-line discount retailer with annual sales of almost $4 billion. Ames offers a broad range of merchandise categories including family apparel, housewares house·wares pl.n. Cooking utensils, dishes, and other small articles used in a household, especially in the kitchen. , domestics, electronics, ready-to-assemble and patio furniture pa´ti`o fur´ni`ture 1. Furniture such as chairs, tables, settees or loungers, suited for use on a patio , i.e. such that will not be damaged by exposure to rain, sun or other outdoor elements. , jewelry, craft and pet supplies, health and beauty care items, stationery, sporting goods, toys, seasonal products and more. Please visit our website at www.AmesStores.com for more information. |
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