Elder-Beerman to Celebrate the Grand Opening of Coldwater, Michigan Concept Store.Business Editors DAYTON, Ohio--(BUSINESS WIRE)--March 11, 2002 The Elder-Beerman Stores Corp. (Nasdaq:EBSC EBSC Elder-Beerman Stores Corp. EBSC East Bay Sanctuary Covenant (Berkeley, CA) EBSC Embedded Bitmap Scaling EBSC Elmbrook Swim Club (Brookfield, Wisconsin) EBSC English Bay Swim Club ) will celebrate the grand opening of its newest department store in Coldwater, Michigan Coldwater is a city in the U.S. state of Michigan. As of the 2000 census, the city population was 12,697. It is the county seat of Branch County6. The city is located at the center of Coldwater Township, though it is politically independent. , on March 14, 2002. The Coldwater store is located at the intersection of Interstate 69 and Highway 12 in the Willowbrook Village shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into . The 55,000 square-foot store will be the tenth department store in Elder-Beerman's award-winning concept store format. "Our concept stores are the best execution of a department store in smaller markets," said Byron ("Bud") L. Bergren, Elder-Beerman's president and chief executive officer. "They emphasize Elder-Beerman's commitment to value, fashion and selection in a contemporary, convenient shopping environment. We are delighted to bring our concept store to the Coldwater community." Like the other concept stores, the Coldwater store will carry a mix of fashion merchandise for women, men, juniors, young men and children; a full assortment of home furnishings furnishings the extra type or quantity of hair on the head, tail, ears or legs, specified for a particular breed. For example, the feathers in setters, the beard in Bearded collies, the eyebrows in Schnauzers. ; and cosmetics and fragrances, including Estee Lauder, Clinique, Lancome and Elizabeth Arden Elizabeth Arden (December 31, 1878 - October 19, 1966) was a Canadian businesswoman who built a cosmetics empire in the United States. Arden was born Florence Nightingale Graham in Woodbridge, Ontario, where she lived until she was twenty-four years old. . Elder-Beerman has designed its concept stores to enhance the customer shopping experience through a more convenient store layout and high-capacity fixturing. The Coldwater store incorporates Elder-Beerman's concept store innovations, including: -- Centralized customer service centers -- Strategically located centers throughout the store will be staffed during all store hours to facilitate fast and easy purchases for the customer with Elder-Beerman's proprietary point of sale system. These service centers and the point of sale system help Elder-Beerman to provide the fast and efficient service that today's customer needs. -- Self-select cosmetics -- All of the fragrances and about 50 percent of the treatment products will be available on open shelves for shopping convenience. -- The Zone -- A combined juniors' and young men's shop creates an enticing specialty store within a store for the next generation of Elder-Beerman customers. -- Bridal registry kiosk -- Using a touch-screen activated computer customers gain immediate access to a couple's registry wish list. Elder-Beerman offers free, personal bridal registry consultation by appointment. The nation's ninth largest independent department store chain, The Elder-Beerman Stores Corp. is headquartered in Dayton, Ohio Dayton is a city in southwestern Ohio, United States. It is the county seat and largest city of Montgomery County. As of the 2005 census estimate, the population of Dayton was 158,873. and now operates 67 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. in Ohio, 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. , Indiana, Michigan, Illinois, Kentucky, Wisconsin and Pennsylvania. Elder-Beerman also operates two furniture superstores This is a list of superstores by country. Multi-national
Please note: This press release may contain certain "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. ," including predictions of future operating performance, events or developments such as our future sales, profits, expenses, income and earnings per share. In addition, words such as "expects," "anticipates," "intends," "plans," "believes," "hopes," and "estimates," and variations of such words and similar expressions, are intended to identify forward-looking statements. Because forward-looking statements are based on a number of beliefs, estimates and assumptions by management that could ultimately prove inaccurate, there is no assurance that forward-looking statements will prove to be accurate. Many factors could materially affect Elder-Beerman's actual future operations and results. The national tragedy of September 11, 2001 and subsequent terrorism threats could magnify mag·ni·fy v. To increase the apparent size of, especially with a lens. some of those factors. Factors that could materially affect performance include the following: increasing price and product competition; fluctuations in consumer demand and confidence, especially in light of the current general economic downturn; the availability and mix of inventory; fluctuations in costs and expenses; consumer response to the company's merchandising strategies, advertising, marketing and promotional programs; the effectiveness of management; the timing and effectiveness of new store openings, particularly its new concept stores opened in the Fall season of 2001 (DuBois, PA, Alliance, OH and Kohler, WI) and to be opened in Spring Season 2002 (Coldwater, MI); the impact of electronic commerce; weather conditions that affect consumer traffic in store,; the continued availability and terms of financing; the outcome of pending and future litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. ; consumer debt levels; the impact of any new consumer bankruptcy laws; inflation and interest rates and the condition of the capital markets. Elder-Beerman undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. |
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