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Live Ventures Subsidiary ApplianceSmart Announces Opening of New Columbus, Ohio Retail Location

LAS VEGAS, June 18, 2018 (GLOBE NEWSWIRE) — Live Ventures Incorporated (Nasdaq:LIVE), a diversified holding company, announced today that its wholly owned subsidiary, ApplianceSmart®, has opened its newest location in Columbus, Ohio.  This location marks the fourth store to be located in the Columbus area, and our 18th company-owned store overall. 

The new store is located at the Graceland Shopping Center near the Clintonville suburb at 165 Graceland Boulevard. 

“We are very excited about growing our brand and our newest location is a testament to our growth. ApplianceSmart specializes in selling new in box and new out of the box appliances that are heavily discounted, providing our customers more added value than the traditional big box stores. The new Graceland store is currently open for business,” said Akram Mohamad, President of ApplianceSmart.

About Live Ventures

Live Ventures Incorporated, originally incorporated in 1968, is a diversified holding company with several wholly owned subsidiaries and a strategic focus on acquiring profitable companies that have demonstrated a strong history of earnings power. Through its subsidiary, Marquis Industries, the company operates as a specialty, high-performance yarns manufacturer and hard-surfaces re-seller. Marquis Industries, which is a top-10 high-end residential carpet manufacturer in the United States, utilizes its state-of-the-art yarn extrusion capacity to market monofilament textured yarn products to the artificial turf industry. Marquis is the only manufacturer in the world that can produce certain types of yarn prized by the industry. Through its subsidiary Vintage Stock, an award-winning entertainment retailer, the company sells new and pre-owned movies, classic and current generation video games and systems, music on CD & LP, collectible comics, books, toys, and more. Vintage Stock, through its stores and website, ships product worldwide directly to the customer’s doorstep.  Through its subsidiary ApplianceSmart, the company sells new major household appliances in the United States through a chain of company-owned retail stores operating under the name ApplianceSmart®.

Contact:
Live Ventures Incorporated
Tim Matula, Investor Relations
(425) 836-9035
tmatula@live-ventures.com
http://live-ventures.com
Source:  Live Ventures Incorporated