SYMBOL: HIS (TSXV)
LAVAL, QC, Aug. 1, 2014 /CNW Telbec/ - Hart Stores Inc. (TSXV: HIS) is pleased to announce the opening of its new 15,000 square foot store in Beresford, New Brunswick - the 61st in the chain.
"We are pleased to serve the needs of the community in Beresford which is a suburb of the city of Bathurst and is an ideal community for our store product offerings", stated Robert Farah, the Company's President and Chief Operating Officer. "We continue to seek new store opportunities as we rebalance our store location portfolio."
About Hart Stores
Hart Stores Inc. operates a network of 61 mid-sized department stores located in secondary and tertiary markets in Eastern Canada, where the Company has established a dominant position in many of the communities that it serves. The stores offer an extensive and differentiated selection of national and exclusive fashion apparel brands as well as family footwear, home furnishings, electronics, small appliances, giftware, toys and seasonal goods.
Certain statements included in this news release may constitute "forward-looking statements" within the meaning of the Canadian securities legislation and regulations. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors that may affect our ability to implement our strategies and plans, which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. You should not place undue reliance on these forward-looking statements, which are made only as of the date of this press release. We refer you to the Company's filing with the Canadian securities regulatory authorities for a discussion of other factors and risks that may affect the Company's future results.
SOURCE: Hart Stores Inc.
For further information:
Mr. Franco Messina, VP Finance and CFO