Simply, Inc. Announces the Opening of its New Simply Mac Store in Tallahassee, Florida

Rhea-AI Summary

Simply, Inc. (OTCQX: SIMP) has announced the grand opening of a new Simply Mac retail store in Tallahassee, Florida, covering 1,536 square feet. This store, positioned close to key educational institutions, will offer a full range of Apple products alongside accessories and warranty repairs by Apple-certified technicians. CEO Reinier Voigt highlighted the strategic location near a large student population, with the closest Apple store over two hours away in Jacksonville. Simply, Inc. operates 46 retail stores across 16 states, making it the largest Apple Premier Partner in the U.S.

Positive

• Grand opening of a new Simply Mac store in Tallahassee, enhancing market presence.
• Strategically located near universities, targeting a large student customer base.
• Offer of a full suite of Apple products and services by Apple-certified technicians.

Negative

• None.

MIAMI, May 3, 2021 /PRNewswire/ -- Simply, Inc. (OTCQX: SIMP) (the "Company") announced the grand opening of its new Simply Mac retail store in Tallahassee, Florida.  This 1,536 square foot official Apple Premier Partner Store is located at 699 W. Gaines Street, Suite 102, Tallahassee, FL, and will offer the entire suite of Apple products, as well as third party accessories and Simply Mac's signature service and warranty repairs on all product categories by our trained team of Apple-certified technicians. Simply Mac also offers customer financing and extended warranty coverage on all Apple products.

Commenting on the new Simply Mac store opening, Reinier Voigt, Chief Executive Officer of Simply, Inc., stated: "Tallahassee is the capital city of Florida and the 9^th largest city in the state. We are excited to open our new store in Tallahassee, home to 3 colleges and universities with a combined student population exceeding 70,000.  Our store is located within one-quarter mile of Florida State University, which has more than 41,000 students, 1.5 miles from Florida A&M University, and 3.5 miles from Tallahassee Community College.  With the closest Apple store over 2 hours east in Jacksonville, our team of sales professionals and Apple-certified technicians look forward to serving the product and service needs of this large educational customer base and the entire community of Tallahassee and Leon County."

About Simply, Inc.

Simply, Inc. is a Miami-based company that is the parent of Simply Mac, the largest Apple Premiere Partner in the U.S. with 46 retail stores in 16 states, an authorized reseller of the entire line of Apple products and provider of expert warranty repair service by Apple-certified technicians. Additional information can be found on its websites at www.simplyinc.com and www.simplymac.com.

Forward-looking and cautionary statements
Forward-looking statements in this press release and all other statements that are not historical facts are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements, including those related to store expansion plans, the offering of the entire suite of Apple products, third party accessories and service and warranty repairs on all product categories in the Tallahassee Simply Mac store, our ability to open new store locations consistent with our site selection model, our ability to attract and retain new customers, our ability to meet projected operating income, our expectations for store profitability, our expectations for future lease rates, our ability to capitalize on operational efficiencies, our supply chain and our customer traffic, involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements, including actions by third parties, including Apple. A list and description of various risk factors related to Simply, Inc. can be found and reviewed in the Company's Annual Report on Form 10-K for the year ended December 31, 2019, which can be accessed under the Company's profile at www.sec.gov. These forward-looking statements speak only as of the date of this release and we undertake no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release, except as required by law.

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SOURCE Simply, Inc.

FAQ

What is the significance of the new Simply Mac store opening in Tallahassee, Florida?

The new Simply Mac store enhances Simply, Inc.'s market presence in Tallahassee and targets a large student demographic from nearby colleges.

How many Simply Mac stores does Simply, Inc. operate?

Simply, Inc. operates 46 Simply Mac retail stores across 16 states.

What products will be offered at the new Simply Mac store in Tallahassee?

The Tallahassee store will offer the entire suite of Apple products, third-party accessories, and warranty repairs.

Who is the CEO of Simply, Inc. and what did they say about the new store?

CEO Reinier Voigt emphasized the store's strategic location near universities and the importance of serving the local community.

What are the potential risks mentioned regarding the new store's opening?

The press release includes forward-looking statements that caution about risks and uncertainties affecting store performance and customer attraction.