Corporate Profile for Eagle Hardware & Garden, dated March 6, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: March 6, 1998
Company Name: Eagle Hardware & Garden Inc.
Address: 981 Powell Ave. SW
Renton, WA 98055
Main Telephone
Number: 425/227-5740
Chief Executive
Officer: Richard T. Takata
Investor Relations
Contact/ 24-hour investor relations message system at
Business number: 425/204-5150
Public Relations
Contact: Ronald P. Maccarone
Business number: 425/227-5740
Trading Symbol: EAGL
Industry: Retail home improvement stores
Company description: Eagle Hardware & Garden is a leading operator of retail home improvement centers. Since its founding in 1989, the company has opened 32 home centers throughout Washington, Utah Washington is a city in Washington County, Utah, United States. The population was 8,186 at the 2000 census. Geography Washington is located at (37.119580, -113.503348)GR1. , Colorado Colorado, state, United States Colorado (kŏlərăd`ə, –răd`ō, –rä`dō), state, W central United States, one of the Rocky Mt. states. , Hawaii, Alaska, California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , Idaho, Montana and Oregon Oregon, city, United States Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products. . Sales and net income for the fiscal year ended Jan. 30, 1998, totaled $971.5 million and $29.9 million, respectively. Eagle opened four stores in fiscal 1997 and currently plans to open seven stores in fiscal 1998, including a store in La Quinta A division of Seagate that was originally an acquisition and then absorbed into the company by 1999. Quinta was the developer of Optically Assisted Winchester (OAW) technology. See OAW. , Calif., which opened on Feb. 26, 1998. La Quinta is the first of several California stores planned for opening over the next two years. Of the six remaining stores currently scheduled to open in fiscal 1998, two are located 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, . Of the eight to ten stores currently planned for opening in fiscal 1999, four are located in Southern California. Eagle has succeeded in its markets against its more established competitors by offering customer-friendly store environments, a large product selection, exceptional service, convenient locations and competitive prices. The company's home centers average 128,000 square feet and depart from warehouse-style chains with clean, well-lighted aisles, attractive displays and clearly marked signage. Eagle locations are stocked with Adj. 1. stocked with - furnished with more than enough; "rivers well stocked with fish"; "a well-stocked store" stocked furnished, equipped - provided with whatever is necessary for a purpose (as furniture or equipment or authority); "a furnished apartment"; more than 65,000 products per store under its "More of Everything(R)" merchandising merchandising Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product. philosophy -- over 30% more items than most of its competitors. The company's product categories provide a selection that is broad enough to allow a customer to purchase virtually every item needed to build a house. CONTACT: Eagle Hardware & Garden Inc. |
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