Jan Bell Marketing, Inc. reports March retail sales

Business Wire, April 9, 1997

SUNRISE, Fla.--(BUSINESS WIRE)--April 9, 1997--Jan Bell Marketing, Inc. (ASE:JBM), reported net retail sales of $14.8 million for the five week period ended April 5, 1997, a decrease of 2.19% from the $15.1 million in the similar period of the prior year. For the nine week period ended April 5, 1997, sales increased 1.17% to $30.7 million.

Comparable retail sales for the same five week period ended April 5, 1997 were down 3.9% from the similar period of the prior year. For the nine week period ended April 5, 1997, comparable retail sales were up 0.5% compared to the similar prior year period.

As of April 5, 1997, the Company operated 440 leased jewelry department operations in all domestic and Puerto Rican Sam's Clubs.

CONTACT: Jan Bell Marketing, Inc., Sunrise, Florida

David P. Boudreau, 954/846-2707