Hackett's Sets Grand Opening Date for New Gouverneur Location
Released: 08/19/08 08:00 AM EDT
Seaway Valley Capital Corporation (OTC Bulletin Board: SWVC) today announced that its wholly owned subsidiary, Hackett’s, has scheduled a grand opening date of Saturday, August 23rd for its newest store in Gouverneur, NY, which is located in the former WiseBuys on US Route 11.
The grand opening of the Gouverneur Hackett’s will commence with a ribbon cutting ceremony at 8:45am and the official store opening at 9am. The opening will be celebrated with many door prizes, including a $500 shopping spree, free gifts for the first 200 shoppers, and other grand opening merchandise promotions. Special grand opening coupons will be available through select local newspapers and to subscribers of Hackett’s opt-in e-mail alerts, which can be subscribed to at www.hackettsonline.com.
The newest Hackett’s store will be a full line department store with premium name brand apparel, footwear and gifts, a full-service True Value hardware department and a complete RadioShack “store-within-a-store.” Hackett’s features brand name clothing such as The North Face, Carhartt, Columbia, Royal Robbins, Patagonia, Horny Toad, Woolrich, Fresh Produce, and Life is Good, and a large selection of footwear from Teva, Merrill, Red Wing, Nike, Reef, Born, Dansko, Crocs, Keene, Columbia, Skechers, and Doc Martens. Hackett’s also carries a variety gift lines from companies such as Woodstock, Lang, Yankee Candle, Beanpod, Danielson Design, Tag, and Demdaco. The 52,000 square foot location will also offer domestics, home décor, seasonal merchandise, toys by KB Toys, and a full line of traditional and outdoor sporting goods. The Gouverneur Hackett’s will also continue to offer shoes by Payless ShoeSource.
Norm Garrelts, President of Hackett’s stated, “We are pleased to open the Gouverneur store, which may serve as a model location based on all the store has to offer the community.” Mr. Garrelts added, “From the variety of apparel and footwear offerings, to the hardware and electronics from True Value and RadioShack - this store really will have it all.” The Gouverneur Hackett’s store expects to employ up to fifty full- and part-time associates, which is over twice the number employed by WiseBuys at that location.
Earlier this summer Hackett’s opened its Canton location as well as its tenth location in Sackets Harbor, NY.
About Patrick Hackett Hardware Company
Hackett’s (www.hackettsonline.com), one of the nation’s oldest retailers with roots dating back to 1830, is a full line department store specializing in name brand merchandise and full service hardware. Hackett’s, now with ten locations, features brand name clothing for men, women, and children, and a large selection of brand name athletic, casual, and work footwear. Hackett’s also carries domestics, home décor, gifts, seasonal merchandise and sporting goods. Hackett’s full service True Value hardware department features traditional hardware, tools, plumbing, paint and electrical departments. Hackett’s also owns and operates four RadioShack stores and at certain stores leases space to Payless ShoeSource.
About Seaway Valley Capital Corporation
Seaway Valley Capital Corporation (www.seawayvalleycapitalcorp.com) makes equity, equity-related, and debt investments in companies that require expansion capital. Seaway also seeks investments in leveraged buyouts and restructurings. Seaway will consider investment opportunities in a number of different industries, including retail, restaurants, consumer products, media, business services, manufacturing, and select technologies.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of the Company, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Seaway Valley Capital Corporation
Gary Nash, 212-732-4300