FACTORY STORES OF AMERICA FILES 10-K; Annual Report To Be Mailed Mid-May.

SMITHFIELD, N.C.--(BUSINESS WIRE)--April 17, 1996--Factory Stores of America, Inc. (NYSE NYSE

See: New York Stock Exchange :FAC FAC - Functional Array Calculator. An APL-like language, but purely functional and lazy. It allows infinite arrays.

["FAC: A Functional APL Language", H.-C. Tu and A.J. Perlis, IEEE Trans Soft Eng 3(1):36-45 (Jan 1986)]. ) today announced that it has filed the Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.

Form 10-K

See 10-K. report for the year ended December 31, 1995, with the Securities and Exchange Commission, copies of which are available on request from the Company. Distribution of the 1995 annual report to shareholders has been delayed until approximately May 13, 1996, as a result of the substantial time commitment by management to the restructuring of its credit facility and the negotiation of a $30 million private placement. The Company's annual meeting of shareholders has been scheduled for June 27, 1996.

Headquartered in Smithfield, North Carolina Smithfield is a town in Johnston County, North Carolina, United States. The population was 11,510 at the 2000 census. It is the county seat of Johnston County^GR6. Smithfield is located in North Carolina's Inner Banks region. , Factory Stores of America, Inc. is a self-administered real estate investment trust (REIT REIT

See: Real Estate Investment Trust

REIT

See real estate investment trust (REIT). ) engaged in the management, development and acquisition of outlet shopping centers. The Company currently owns and manages 36 factory outlet shopping centers in 21 states, with a total of 4.6 million square feet, making it one of the largest factory outlet REITs in terms of numbers of centers and square footage.

CONTACT: Factory Stores of America, Inc., Smithfield

John N. Nelli or Linda M. Swearingen

919/934-9446

COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.

Reader Opinion

Article Details
Printer friendly Cite/link Email Feedback
Publication:	Business Wire
Date:	Apr 17, 1996
Words:	188
Previous Article:	Evans Withycombe Residential to release earnings.
Next Article:	Global Satellite Transmission enters into an agreement with Eurobalance N.V.
Topics:	Real estate investment trusts Reports

Related Articles
FACTORY STORES OF AMERICA, INC. ANNOUNCES NEW FINANCIAL OFFICER.
FACTORY STORES OF AMERICA TO REPORT FOURTH QUARTER CHARGES OF $8 MILLION TO $10 MILLION; BOARD OF DIRECTORS ESTABLISHES DIVIDEND POLICY FOR 1996.
FACTORY STORES OF AMERICA DEVELOPS INTERNET PROGRAM FOR ITS TENANTS.
FACTORY STORES OF AMERICA, INC. CHANGES NAME; TO DO BUSINESS AS FAC REALTY TRUST, INC.; PREFERRED STOCK AMENDMENT APPROVED.
Suit yourself.
Ethan Allen goes global: one of the best-known names in the furniture industry is reshaping itself not only to be more competitive domestically but...
Leather Factory Announces Tandy Leather Retail Stores in Louisville and Cleveland.
Tandy Leather Factory Announces Acquisition of Wholesale Leather Company.
Tandy Leather Factory, Inc. Reports April Sales - Flat Against April 2006.
Tandy Leather Factory Opens Retail Store in Columbia, SC.