8/8/1983 - Hobby Superstores (HOBY) - CORPORATE ANNOUNCEMENT

Hobby Superstores (HOBY), the largest toy retailer in the United States, announces the launch of Hobby Superstores International and Hobby Kids Superstores, focusing on the international market and on younger children. These new divisions will expand the company into new related target markets.

About Hobby Superstores (HOBY):
Hobby Superstores offers toys, games, sporting goods, electronics, software, and kids' apparel and furniture through retail stores and a catalog. In addition to its namesake stores, Hobby Superstores sells children's clothes at Kids Hobby stores; infant/toddler apparel, furniture, and feeding supplies at Babies Hobby stores; and educational toys at Imagination stores.