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HomePlace Closing Seven Local Stores

ATLANTA-The Myrtle Beach, SC-based company is shuttering 38 of its 122 superstores over the next two months. The stores being closed were not profitable, company officials say in a prepared statement. The 50,000-sf stores, located in retail centers, sell off-price home and garden merchandise.

By Judith Schonbak | Updated on February 06, 2001

ATLANTA-HomePlace is closing its seven local stores over the next two months and will be shuttering 38 of its 122 superstores nationally. The 50,000-sf stores, located in retail centers, sell off-price home and garden merchandise. Company officials say in a prepared statement the stores being closed were not profitable.

HomePlace plans to continue operating its distribution center in Newnan, GA, about 45 miles southwest of Downtown, according to a published article. The Myrtle Beach, SC-based company was formed by a 1999 merger in which Waccamaw Corp. bought the two-year-old HomePlace, in bankruptcy proceedings at the time.

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