Epic Stores Provides Update on San Antonio Market

Expected Store Opening in Mid-Summer

PHOENIX, AZ / ACCESSWIRE / April 29, 2016 / Epic Stores, Corp. (“Epic” or the “Company”) (OTC: EPSC), a second-hand goods retailer that operates retail stores in the United States, is providing an update on its presence in the San Antonio, Texas market where crews are currently putting the finishing touches on their latest location.

Management currently expects the improvements to be completed by late May, and the grand opening is targeted within 60 days. Management has been meeting with regional and local charitable organizations to establish direct supply chains for sourcing inventory.

Brian Davidson, President and Chief Executive Officer of Epic Stores Corp., commented, “The San Antonio market is an ideal location for our expansion due in part to current revitalization efforts in the area. We are also excited about neighboring with a local YMCA who could be a wonderful partner both due to proximity and mutual benefit across our organizations. We look forward to sharing more information about partnerships and location opening details in the next 60 days.”

About Epic Stores Corp.

Epic is a second hand goods retailer that operates second hand retail stores in the United States. Based in Phoenix, Arizona, the company offers high quality, on-trend second hand clothing, accessories and household products at affordable prices. As of March 31, 2016, the company employed 165 employees and operated 10 retail stores in four states. Founded in 2010, Epic opened its first retail store in Phoenix, Arizona. Since that time, the company has opened additional stores in Arizona, Nevada, Colorado, and Texas. All of the retail stores sell products directly to consumers. The company also operates a leading wholesale business that supplies used shoes, books and clothing to distributors.

Forward-Looking Statements

The information in this press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often include words such as “anticipates,” “estimates,” “expects,” “projects,” “intends,” “plans,” “believes” and words and terms of similar substance in connection with discussions of future operating or financial performance. Examples of forward-looking statements include, but are not limited to, statements regarding: (i) the adequacy of the Company’s liquidity to meet its needs for the foreseeable future, (ii) the benefits expected to be recognized in connection with retail and whole sales, (iii) the Company’s expectation that the current market conditions will continue. The Company’s forward-looking statements are based on management’s current expectations and assumptions regarding the Company’s business and performance, the economy and other future conditions and forecasts of future events, circumstances and results. As with any projection or forecast, forward-looking statements are inherently susceptible to uncertainty and changes in circumstances. The Company’s actual results may vary materially from those expressed or implied in its forward-looking statements. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise.

Company Contacts

Brian Davidson
President and CEO
Epic Stores Corp.
Tel (623) 565-5758

Investor Relations

Brett Maas
Managing Partner
Hayden IR
Tel (646) 536-7331
brett@haydenir.com

SOURCE: Epic Stores Corp.

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