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MAC FRUGAL'S BARGAINS - CLOSE-OUTS OPENS TWO NEW STORES IN TUCSON

 DOMINGUEZ, Calif., Aug. 4 /PRNewswire/ -- Mac Frugal's Bargains - Close-outs Inc. (NYSE: MFI) announced the grand opening of two new stores scheduled for Friday, Aug. 6 at 9 a.m. The stores are located at Ina Road and Thorneydale Road in the Embassy Plaza and at 22nd Street and Alvernon Way in Randolph Plaza.
 These new stores in Tucson bring the total number of stores in the area to four. "These new stores exemplify our commitment to an aggressive expansion plan in this market over the next two years," commented Len Williams, president and chief executive officer. "While other companies are scaling back, we are aggressively working to add a significant number of new stores in Arizona," added Williams.
 The two stores represent major investments by the company in the community. As a result of these new store openings, approximately 50 jobs will be created in each community for area residents.
 Festivities for the opening will include free $5 gift certificates to the first 100 people in line at 9 a.m. on Friday morning, balloons for the kids, a clown and hundreds of unadvertised bargains. On Saturday, radio station KIIM 99.5 FM will broadcast live from 10 a.m. to 1 p.m. at the Ina Road location. Also on Saturday, station KTZR 1450 AM will broadcast live from 10 a.m. to 1 p.m. at the 22nd Street store.
 Including these two new Tucson stores, Mac Frugal's currently operates a chain of 221 retail stores in 12 states. These stores do business as Pic `N' Save (in Southern California) and Mac Frugal's Bargains - Close-outs.
 Mac Frugal's Bargains - Close-outs, which has a loyal following of bargain shoppers, features more than 30,000 different bargains in every store. The merchandise assortment changes weekly and consists of first quality general merchandise obtained through manufacturer close-outs, overruns, discontinued lines and packaging changes. Items such as toys, clothing, accessories, housewares, tabletop, gifts, stationery, health and beauty aids, snack foods, linens and domestics, hardware, seasonal Back to School merchandise, and the just plain unexpected can be found at 40 percent to 70 percent off regular retail prices.
 -0- 8/4/93
 /CONTACT: Eileen Hupp, assistant VP-marketing, 310-761-4214, or Debbi Hall, marketing, 310-761-4385, both of Mac Frugal's/
 (MFI)


CO: Mac Frugal's Bargains - Close-outs Inc. ST: California, Arizona IN: REA SU:

LM-JB -- LA044 -- 9551 08/04/93 17:01 EDT
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Publication:PR Newswire
Date:Aug 4, 1993
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