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EDISON BROTHERS ADDS 48 MEN'S BIG-AND-TALL APPAREL STORES

 ST. LOUIS, June 1 /PRNewswire/ -- Edison Brothers Stores, Inc., (NYSE: EBS) has agreed to purchase 48 men's big-and-tall apparel stores and certain assets from two separate sellers. These 48 stores will be integrated into Edison's big-and-tall men's chain, which now operates 59 stores under the names Repp Ltd. and Harry's and is one of six chains in the Edison Menswear Group. The resulting chain of 107 stores will have projected annual sales of about $63 million.
 Of the 48 stores, 28 are being purchased from Dahle Management Corporation of Salt Lake City and 20 from Steven Adler, Inc. and its affiliated corporations, of Baltimore. Both transactions are expected to be completed in June or July. The 48 stores are located in the East, West Coast, and Southwest, and represent annual sales of about $31 million.
 "This major expansion is evidence of our strong commitment to the men's big-and-tall market," said Martin Sneider, Edison Brothers president. "These customers are eager to buy fashionable, high-quality apparel at reasonable prices, but they have not been adequately served in the marketplace.
 "We're especially pleased to be able to add the Dahle and Steven Adler store groups; they have been two of the country's strongest big-and-tall operators and they have earned a high degree of customer loyalty. The geographic distribution of the acquired stores will give us a presence, for the first time, in the big-and-tall market west of the Rockies. Ours is the largest chain of full-line big-and-tall stores, and now will be coast-to-coast."
 Edison Brothers expects to continue to operate most of the acquired stores under their current names.
 FACT SHEET
 EDISON BROTHERS BIG-AND-TALL ACQUISITIONS
 SELLER Dahle Mgmt. Corp. Steven Adler Inc.
 Salt Lake City and affiliated corporations
 Baltimore
 NUMBER OF
 STORES IN
 ACQUISITION 28 20
 KEY MARKETS Seattle, Spokane, Baltimore,
 San Francisco, Washington,
 Reno, Las Vegas, New York
 Phoenix, Denver
 NAMES OF STORES Dahle's Big & Tall Steven Adler
 Large & Tall George & Co.
 Fashions for Less He-Man
 -0- 6/1/93
 /CONTACT: Judy Smith of Edison Brothers, 314-331-7504/
 (EBS)


CO: Edison Brothers Stores, Inc. ST: Missouri IN: REA SU:

SM -- NY042 -- 3906 06/01/93 11:26 EDT
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Publication:PR Newswire
Date:Jun 1, 1993
Words:355
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