The Elder-Beerman Stores Corp (Nasdaq:EBSC) plans to open a 54,000 sq ft department store in the Sheboygan, Wisconsin area.

Elder-Beerman will build the store in its concept store format in nearby Kohler, Wisconsin in the new Deerfield Trace Shopping Center adjacent to Interstate 43. The company anticipates opening the new store in the fall of 2001. It will be the state's fifth Elder-Beerman department store.

"The Sheboygan store will be our seventh concept store," said Frederick J. Mershad, chairman and chief executive officer. "We designed our concept stores to meet the changing needs of today's busy customer by offering a competitive balance of price, selection, service and convenience. Our customers have responded favorably to the concept store format."

This new concept store will carry brand name apparel, accessories and shoes for men, women, juniors, young men and children, quality cosmetics and fragrances, and home furnishings. The format of the store will enhance customer shopping through a convenient store layout and fixturing that will attractively offer more merchandise in less space.

About Elder-Beerman
The nation's ninth largest independent department store chain, the Elder-Beerman Stores Corp has its headquarters in Dayton, Ohio and operates 63 stores in Ohio, West Virginia, Indiana, Michigan, Illinois, Kentucky, Wisconsin and Pennsylvania. Elder-Beerman also operates two furniture superstores.