Barbeques Galore Opens Three New California Stores; Plans to open 10 to 15 Stores this year as part of U.S. Expansion Program.Business Editors IRVINE, Calif.--(BUSINESS WIRE)--April 20, 2000 Barbeques Galore Barbeques Galore is an Australian chain of retail stores specializing in barbecue grills that also has a large presence in the United States. There are 84 stores in covering all of Australia, and 75+ stores in 10 American states. Ltd. (Nasdaq:BBQZ) said today that as part of its expansion program in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , it has opened three new California stores, in Studio City, Dublin and Santa Rosa Santa Rosa, city, Argentina Santa Rosa, city (1991 pop. 80,629), capital of La Pampa prov., central Argentina. It is a modern city and road junction surrounded by a rich agricultural and cattle-raising area. . "These openings expand our presence in the important California market where we have enjoyed tremendous success," said Sydney Selati, president of Barbeques Galore U.S.A. "The Dublin and Santa Rosa stores bring our total in Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern to eight stores and with the new Studio City store, we now have 21 stores in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, ." "The reception of the Barbeques Galore concept has been strong in virtually all of our markets," said Selati. "We see significant expansion opportunities throughout the U.S and look forward to enhancing our presence in existing markets as well as entering new ones, with 10 to 15 new store openings planned for this year." All three of the newest locations have approximately 5,000 to 6,000 square feet, with average selling space of about 3,800 square feet. They replicate the company's successful modular design In the context of systems engineering, modular design — or "modularity in design" — is an approach aiming to subdivide a system into smaller parts (modules) that can be independently created and then used in different systems to drive multiple functionalities. that is easily rearranged for special promotions and seasonal products. The stores provide an upscale, friendly shopping environment, where consumers are offered a wide range of gas, charcoal and electric grills; accessories; books; sauces and marinades; and fireside products. Barbeques Galore is the leading chain of speciality retail stores devoted to sales of barbecues, fireside products and related accessories. The company now owns and operates 57 stores in the U.S. and 35 stores in Australia. In addition, it has 11 franchised stores in the U.S. and 49 licensed stores in Australia. Through its e-commerce Web site, www.bbqgalore.com, the company sells an extensive line of barbecue and fireside products and related accessories. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties that could cause results to differ materially from those contained in these forward-looking statements. Such statements include, but are not limited to, the company's ability to pursue additional expansion opportunities and other "Risk Factors" as mentioned in the company's prospectus dated November 7, 1997, which has been filed with the Securities and Exchange Commission, and other filings from time to time. |
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