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

 MAC FRUGAL'S BARGAINS - CLOSE-OUTS CELEBRATES NEW NAME
 IN ALBUQUERQUE WITH 5 PERCENT DONATION TO THE SALVATION ARMY
 ALBUQUERQUE, N.M., March 18 /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, March 27, through 7 p.m. on Sunday, March 29, in all four Albuquerque stores to feed the hungry through the Salvation Army's Community Food Program.
 "We've been part of the Albuquerque area community for 12 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 the Albuquerque area 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 the Albuquerque area, the name change celebration will take place Friday, March 27, and Saturday, March 28. Customers will be treated to free gift certificates and other promotional give-aways, 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 percent to 70 percent off regular retail prices.
 -0- 3/18/92
 /EDITOR'S NOTE: Not affiliated with Pic N'Save Stores of Florida and Georgia./
 /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: New Mexico IN: REA SU:


EH-KJ -- LA002 -- 9012 03/18/92 06:00 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 18, 1992
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