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

 MAC FRUGAL'S BARGAINS - CLOSE-OUTS CELEBRATES NEW NAME
 IN DENVER WITH 5 PERCENT DONATION TO THE SALVATION ARMY
 DENVER, May 6 /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, May 15, through 7 p.m. on Sunday, May 17, in all seven Denver- area stores, including the Ft. Collins and Colorado Springs stores, to feed the hungry through the Salvation Army's Community Food Program.
 "We've been part of the Denver area community for eight 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 Colorado 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.
 The name change celebration will take place Friday, May 15, and Saturday, May 16. 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- 5/6/92
 /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/
 (PICN) CO: Pic 'N' Save Corp.; Mac Frugal's Bargains - Close-outs ST: Colorado IN: REA SU:


KJ-AL -- LA001 -- 6864 05/06/92 06:00 EDT
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Publication:PR Newswire
Date:May 6, 1992
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