March 20, 2019
Vancouver, BC – Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the “Company” or “Peekaboo Beans“), is pleased to announce the Company is opening a permanent location in Tsawwassen Mills following the successful course of Peekaboo Beans’ trial pop-up shops across the country. The store is now open in the updated location within the mall, which is conveniently located in the busy ‘kid zone’. The official grand opening is set for April 14, 2019 and will feature a day full of fun events for kids, along with media and influencer appearances.
Traci Costa, Founder and CEO of Peekaboo Beans, commented, “The success of our pop-up locations showed us that there is still value in a physical retail store. A recent study from the International Council of Shopping Centers has also proven that there is a significant link between a physical store leading to greater brand presence and in turn, overall web traffic. We have been working to ensure our brand maximizes all distribution points that are available to us as we continue to expand our revenue margins.”
Following the Company’s business model restructuring in October 2018, focus has been placed on reducing costs while building out Peekaboo Beans’ sales network. As part of the omni-channel approach, the flagship location will provide a retail experience that remains preferable for a significant portion of the market, allowing Peekaboo Beans to ensure every distribution channel is accounted for.
About Peekaboo Beans Inc.
Peekaboo Beans is a children’s apparel brand with a focus on ethically produced clothes that are intentionally designed to inspire play. Through an omni-channel approach, Peekaboo Beans engages sellers through social platforms, including Instagram and Facebook, as well as online retailers, to maximize revenue and build brand loyalty. The Company works to promote a playful lifestyle for children by designing comfortable clothes that are built to last.
To learn more about Peekaboo Beans, visit: www.peekaboobeans.com.
On behalf of the Board of Directors,
Peekaboo Beans Inc.
Ms. Traci Costa, President and CEO
For more information, please contact the Company at:
This news release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.
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