BIZMART COMPARABLE STORE SALES RISE 53 PERCENT
BIZMART COMPARABLE STORE SALES RISE 53 PERCENT EXTON, Pa., April 8 /PRNewswire/ -- Intelligent Electronics Inc.
(NASDAQ-NMS: INEL), today reported that its wholly owned chain of BizMart supercenters increased same store sales across the cash registers by 53 percent for the five week period ended April 4, 1992, compared to sales during the same period last year.
Of BizMart's 75 stores, 49 have been opened a year or more and are included in the calculation. BizMart supercenters provide office productivity solutions to businesses and are located in 13 states and 34 major markets. This weekend, the company will conduct grand openings for 4 new stores in Santa Rosa, Redwood City, and Concord, Calif.; and Mesa, Ariz., bringing its total BizMart store count to 79. /delval/ -0- 4/8/92 /CONTACT: Patrice W. Johnson, 215-458-6706, or Bob Yablunsky, 215-458-6668, both of Intelligent Electronics/ (INEL) CO: Intelligent Electronics, Inc. ST: Pennsylvania IN: REA SU:
JS -- PH037 -- 6452 04/08/92 17:09 EDT
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|Date:||Apr 8, 1992|
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