Epic Stores Announces Strong Growth in All Key Store-Level Metrics

Strategy of Partnering with Local Charities is Driving Margin Expansion, Sales Growth

PHOENIX, AZ / ACCESSWIRE / March 1, 2016 / Epic Stores, Corp. ("Epic" or the "Company") EPSC, a second-hand goods retailer with locations throughout the United States, today announced significant improvement in all key store-level metrics, demonstrating that its unique strategy of partnering with local charities and other community organizations is working.

Key Metrics Include:

-Epic reported a 26.6% improvement in its unit sell through ratio in the first two months of 2016 compared to the same period last year
-Epic reported a 7.0% improvement in the ratio of average price produced vs. average price sold in its standard stores (excluding the outlet store), in the first two months of 2016 compared to the same period last year
-Management also reported a 129.8% improvement in on-site merchandise acquisition during the first two months of 2016 compared to the same period last year. This progress is directly related to the Company's work with local schools and charitable organizations, generating in low-cost inventory for local stores and driving consumer awareness of Epic's stores
-Epic also reported a 27.3% improvement in sell through during the first two months of 2016 compared to the same period last year

Brian Davidson, President and Chief Executive Officer of Epic Stores, Corp. commented, "Concerns about the possibility of an economic recession is driving cost-conscience consumers into our stores, as evidenced by notable improvements in our store-level metrics. This progress validates our unique strategy of partnering with schools, houses of worship, and charitable organizations near our stores, integrating us with the communities we serve, helping us bolster our inventory with high-quality, low-cost items and expanding brand recognition."

About Epic Stores Corp.

Epic is a second-hand goods retailer with locations throughout 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 October 4, 2015, 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.