Reeds Jewelers Announces March Sales

Apr 04, 2001, 01:00 ET from Reeds Jewelers, Inc.

    WILMINGTON, N.C., April 4 /PRNewswire/ -- Reeds Jewelers, Inc. (Amex:   RJI)
 today announced net sales for March 2001.
     Net sales decreased 5.2% in March to $6,260,000 from $6,602,000 in the
 prior year and comparable store sales decreased 7.7%.  The Company plans to
 open nine stores in the coming year and expand into the states of Louisiana
 and Missouri.  The Company plans to open a new store in Gaithersburg, Maryland
 in April.
     Reeds Jewelers is a specialty retailer presently operating 115 stores
 primarily in enclosed regional shopping malls in 19 states in the Southeast
 and Midwest.
 
 

SOURCE Reeds Jewelers, Inc.
    WILMINGTON, N.C., April 4 /PRNewswire/ -- Reeds Jewelers, Inc. (Amex:   RJI)
 today announced net sales for March 2001.
     Net sales decreased 5.2% in March to $6,260,000 from $6,602,000 in the
 prior year and comparable store sales decreased 7.7%.  The Company plans to
 open nine stores in the coming year and expand into the states of Louisiana
 and Missouri.  The Company plans to open a new store in Gaithersburg, Maryland
 in April.
     Reeds Jewelers is a specialty retailer presently operating 115 stores
 primarily in enclosed regional shopping malls in 19 states in the Southeast
 and Midwest.
 
 SOURCE  Reeds Jewelers, Inc.