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Published March 13, 2012, 08:56 PM

Home of Economy Opening New Minot Store

(WDAZ-TV) - Grand Forks-based Home of Economy is opening a new store in Minot. This will be the seventh location for the local chain. It'll replace the existing store.

By: Stacie Van Dyke, WDAZ

(WDAZ-TV) - Grand Forks-based Home of Economy is opening a new store in Minot. This will be the seventh location for the local chain. It'll replace the existing store.

Work on the building will begin next week, with the opening set for September.

CEO Wade Pearson says the new store will be three times larger than the other stores.

"We've wanted to do this for quite a while and with the boom out in the oil region and good, strong sales across the state we're able to do the things that we want to do for the first time and do them kind of accelerated," Pearson said.

This is the first time Home of Economy has opened a new store since the Grand Forks location was rebuilt after the fire in 1988.

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