Epic Stores Corp. Updates Construction Progress in the Houston and San Antonio Markets

Two New Stores Scheduled for Spring 2016 as Company Continues Expansion

PHOENIX, AZ / ACCESSWIRE / January 11, 2016 / Epic Stores, Corp. (“Epic” or the “Company”) (OTCQB: EPSC), a second-hand goods retailer that operates retail stores in the United States, today announced progress on the opening of its two new stores in Houston and San Antonio, Texas as part of its strategic growth plan. The Company intends to open both locations in the Spring of 2016.

In Houston, construction is nearing completion on a 29,500 square foot property which is in close proximity to a regional mall, as well as neighboring a Wal-Mart Supercenter and Sam’s Club. The location is expected to open for business by April.

Separately, in San Antonio, construction should be completed on a 23,800 square foot property by early March. This opening will mark the first location in San Antonio with further opportunities under negotiation currently. The San Antonio store is adjoined to a YMCA and also neighbors a Wal-Mart Supercenter.

“We are excited about the revitalization occurring in the San Antonio area, which makes our new property an ideal location for retail expansion,” commented Brian Davidson, President and Chief Executive Officer of Epic Stores Corp. “We have carefully chosen new locations in an attempt to leverage retail traffic from surrounding businesses, such as notable big box retailers like Wal-Mart, Sam’s Club, and Harbor Freight. We look forward to sharing more information on our progress and strategic growth plan in the coming months.”

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 January 1, 2016, the company employed 232 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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