Printer Friendly

PIC 'N' SAVE CORP. CHANGES NAME TO MAC FRUGAL'S BARGAINS - CLOSE-OUTS AND COMMENCES TRADING ON NEW YORK STOCK EXCHANGE

PIC 'N' SAVE CORP. CHANGES NAME TO MAC FRUGAL'S BARGAINS - CLOSE-OUTS
 AND COMMENCES TRADING ON NEW YORK STOCK EXCHANGE
 DOMINGUEZ, Calif., June 10 /PRNewswire/ -- Pic 'N' Save Corp. (NASDAQ: PICN) announced today at its annual meeting that its stockholders have approved its new corporate name, Mac Frugal's Bargains - Close-outs Inc. The corporate name change will be effective Thursday, June 11, 1992. In conjunction with its new corporate name, the company also announced that it will commence the trading of its common shares on the New York Stock Exchange on June 11, under the symbol MFI.
 "Listing on the New York Stock Exchange highlights the potential growth of the company over the next decade," commented Len Williams, president and chief executive officer. In related comments at this morning's annual meeting, Williams reviewed the company's expansion plans, which include 10 to 12 stores in the second half of 1992 and approximately 25 stores in 1993.
 Mac Frugal's Bargains - Close-outs Inc. 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 wide 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- 6/10/92
 /CONTACT: Eileen Hupp, assistant VP, marketing of Pic 'N' Save, 310-761-4214/
 (PICN) CO: Pic 'N' Save Corp. ST: California IN: REA SU:


AL-CH -- LA034 -- 8994 06/10/92 17:21 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 10, 1992
Words:254
Previous Article:WAINOCO ANNOUNCES RESTART OF CHEYENNE REFINERY
Next Article:NORRIS ACQUIRES CADCO ENGINEERING
Topics:


Related Articles
PIC 'N' SAVE TAKES ON NEW IDENTITY IN SEVEN STATES
PIC 'N' SAVE CELEBRATES NAME CHANGE TO MAC FRUGAL'S BARGAINS . CLOSE-OUTS
PIC 'N' SAVE CELEBRATES NAME CHANGE TO MAC FRUGAL'S BARGAINS . CLOSE-OUTS
PIC 'N' SAVE CELEBRATES NAME CHANGE TO MAC FRUGAL'S BARGAINS . CLOSE-OUTS
PIC 'N' SAVE CELEBRATES NAME CHANGE TO MAC FRUGAL'S BARGAINS . CLOSE-OUTS
PIC 'N' SAVE CELEBRATES NAME CHANGE TO MAC FRUGAL'S BARGAINS . CLOSE-OUTS
MAC FRUGAL'S BARGAINS . CLOSE-OUTS CELEBRATES NEW NAME WITH 5 PERCENT DONATION TO THE SALVATION ARMY
PIC 'N' SAVE CELEBRATES NAME CHANGE IN SACRAMENTO TO MAC FRUGAL'S BARGAINS - CLOSE-OUTS
PIC 'N' SAVE CELEBRATES NAME CHANGE IN FRESNO TO MAC FRUGAL'S BARGAINS - CLOSE-OUTS
PIC 'N' SAVE CELEBRATES NAME CHANGE TO MAC FRUGAL'S BARGAINS - CLOSE-OUTS

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters