ScS Upholstery PLC - Re Opening of New Stores
August 02 1999 - 3:31AM
UK Regulatory
RNS No 3382j
ScS UPHOLSTERY PLC
2 August 1999
ScS UPHOLSTERY plc
THREE NEW STORES TO OPEN AT DUNSTABLE, MILTON KEYNES AND
READING BEFORE THE END OF THE FINANCIAL YEAR
ScS Upholstery plc, the fully listed furniture retailer, is
pleased to announce that contracts have been exchanged on
three new sites, all of which are expected to open before
the end of the current financial year.
The stores are on the new Wilson Bowden developed Lion
Retail Park at Dunstable, the Cairngorm Furniture Centre
at Milton Keynes and on the Brunel Retail Park in Reading.
These three openings will bring the Groups total number of
stores to 20, giving 39,000 sq.ft. of additional retail
space. Together with the Nottingham store opened earlier in
the year, stores sales space will have increased by 27% in
the current financial year.
Commenting on these openings ScS Chief Executive Mike
Browne said "These three new stores represent excellent
opportunities for ScS. They are the first of the planned
eight new store openings announced at the time of our
Interim results and underline our confidence in the future.
At the end of this financial year ScS sales space will be
75% greater than at the time of flotation in December
1997."
Contact:
Mike Browne, Chief Executive 0191 514 6055
or
Richard Oldworth/Andy Yeo,
Buchanan Communications 0171 466 5000
END
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