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AMES DEPARTMENT STORES REPORTS JANUARY SALES

 ROCKY HILL, Conn., Feb. 4 /PRNewswire/ -- Ames Department Stores, Inc. today announced net sales of $141.9 million for the five weeks ended Jan. 30, 1993, compared with net sales of $135.8 million for the four weeks ended Jan. 25, 1992. January 1993 net sales were based on the current 309 store chain, compared with January 1992 net sales, which represented 371 stores.
 Comparable-store sales for the five weeks ended Jan. 30, 1993, were $141.9 million, compared with $135.4 million for the five weeks ended Feb. 1, 1992, an increase of 4.8 percent.
 Peter Thorner, Ames' chief operating officer, said, "We are pleased with the January comparable store sales increase, which followed a 6.2 percent increase in December. Our strong vendor partnerships and the dedication of Ames' hard-working associates are allowing us to continue our efforts to better serve our customers."
 Ames operates 309 discount department stores in 14 Northeastern states. The stock of the new reorganized company (Ames) is trading on a when issued basis on the National Association of Securities Dealers Quotation (NASDAQ) system.
 -0- 2/4/93
 /CONTACT: Marge Wyrwas of Ames, 203-257-2659; or Andrea Priest of Ogilvy, Adams & Rinehart, 212-880-5272, for Ames/


CO: Ames Department Stores, Inc. ST: Connecticut IN: REA SU:

PS-LR -- NY019 -- 2812 02/04/93 09:20 EST
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Publication:PR Newswire
Date:Feb 4, 1993
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