BAB Holdings Inc. Announces Success of Initial Test and Expansion of Supply Arrangement With Sam's Warehouse Club.CHICAGO--(BUSINESS WIRE)--Sept. 16, 1997--BAB Holdings 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 :BAGL BAGL Big Air Gaming League (video game organization) ) Chicago-based operator of Big Apple Bagels Big Apple Bagels is a US franchised chain of bakery-cafes. Coffee, along with a variety of other related products are sold. The products are sold as three different brands; Big Apple Bagels, Brewster's Coffee, and My Favorite Muffin.[1] BAB, Inc. announced today that it will expand its supply arrangement of daily freshly-baked Big Apple bagels to eight additional Sam's Warehouse Club stores in Wisconsin. Four Milwaukee area locations will be supplied by company-owned stores and the remaining four locations would be made available to local franchisees. This represents a significant expansion beyond the initial five store test program in Illinois announced in July of this year. 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. Michael W. Evans, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president of BAB Holdings Inc., "Since initiating the Sam's test in July, we have received positive response from our participating franchisees and Sam's Warehouse Club participating stores. We are very excited about the opportunities presented by the expansion into Wisconsin both for the company and our franchisees. Together, we will expand our Big Apple brands while at the same time affording us an excellent wholesale opportunity." BAB Holdings Inc. operates Big Apple Bagels and My Favorite Muffins, two of the nation's largest chains of bagel and muffins bakeries. BAB is also involved in the retail coffee market through its Brewster's Coffee Co. In addition, the company has licensing agreements with Mrs. Fields Cookies, Host Marriott (in airport and travel plaza locations), Oberweis Dairy (home delivery daily with more than 20,000 home delivery customers) and Choice Picks Food Court. Since the first company-owned store opened in July 1993, BAB Holdings Inc. has grown to 259 units in 28 states and Canada, including 37 company-owned units. For further information contact Tony Schor, Investor Awareness Inc. at 847/945-2222. For media information contact Sherri Fishman, Fishman Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Inc. at 847/945-1300. CONTACT: Investor Awareness Inc. Tony Schor, 847/945-2222 |
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