Bargain Products continues growth.PLAINVIEW, N.Y.--(BUSINESS WIRE)--May 6, 1996--Bargain Products (BRGN) announced today the retaining of Mr. Richard Altomare, chairman of Packaging Plus Services Inc. (PKGP) to institute a franchise division of Dollar Mania Mania ancient Roman goddess of the dead. [Rom. Myth.: Zimmerman, 159] See : Death , BRGN's retail chain. Altomare, a leader in franchising and marketing, has retained additional specialists and has been preparing for an extensive franchise program for Dollar Mania. Bargain Products has restructured its Dollar Mania staff and through Altomare has been authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: to continue its acquisition of other subsidiaries. Dollar Mania is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Bargain Products. Its principal business is retailing a variety of items such as notions, housewares house·wares pl.n. Cooking utensils, dishes, and other small articles used in a household, especially in the kitchen. and miscellaneous staple goods which are sold at a single price point, usually $1.00. This retail trend has dominated the industry since the advent of the first five and dime in 1937 by F.W. Woolworth. These five and dime stores dime store n. See five-and-ten. are considered predecessors to today's super discount stores. CONTACT: Bargain Products Barbara Halpern, Shareholder Relations, 516/349-1300 or Howard Bronson Associates Robert Giordano, 212/867-6160 |
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