Hackett's Sets Grand Opening Date for New Gouverneur Location
August 19 2008 - 8:00AM
Business Wire
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 d�cor, 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 d�cor, 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.