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MAC FRUGAL'S BARGAINS . CLOSE-OUTS CELEBRATES NEW NAME WITH 5 PERCENT DONATION TO THE SALVATION ARMY

 MAC FRUGAL'S BARGAINS . CLOSE-OUTS CELEBRATES NEW NAME
 WITH 5 PERCENT DONATION TO THE SALVATION ARMY
 YUMA, Ariz., Feb. 25 /PRNewswire/ -- Mac Frugal's Bargains . Close- outs, the new name for the current Pic 'N' Save stores, announced today the details of its community program with the Salvation Army. Mac Frugal's Bargains . Close-outs is donating 5 percent of its sales from 9 a.m. on Friday, Feb. 28 through 7 p.m. on Sunday, March 1, in its Yuma store to feed the hungry through the Salvation Army's Community Center Food Program.
 "We've been part of the Yuma community for 19 years," said Eileen Hupp, assistant vice president of marketing. "Mac Frugal's Bargains . Close-outs wanted to give some value back to our neighbors in Yuma as part of our name change celebration."
 Similar programs are going on in 60 stores across seven states, as Pic 'N' Save Corp. (NASDAQ: PICN) continues with the roll-out of its new name, Mac Frugal's Bargains . Close-outs.
 In Tucson, Ariz., the name change celebration will take place this weekend. Customers will be treated to free gift certificates and other promotional give-aways, refreshments, balloons, clowns and contests.
 Unique in the retail industry, Pic 'N' Save Corp. operates a chain of 193 retail stores in 12 states. These stores, which do business as Pic 'N' Save and Mac Frugal's Bargains . Close-outs, feature a variety of first-quality general merchandise obtained through manufacturer close-outs, overruns, discontinued lines and packaging changes. An ever-changing assortment of merchandise is typically sold at 40 to 70 percent off regular retail prices.
 -0- 2/25/92
 /CONTACT: Eileen Hupp, 310-761-4214, Debbi Hall, 310-761-4385, or Mary Wright, 310-761-4342, all of Pic 'N' Save Corp./
 (PICN) CO: Pic 'N' Save Corp.; Mac Frugal's Bargains . Close-outs ST: Arizona IN: REA SU:


DM-JL -- LA042 -- 2588 02/25/92 19:02 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Date:Feb 25, 1992
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