NEW PIC'N'SAVE STORE GRAND OPENED TODAY IN PERRIS, CALIF.
DOMINGUEZ, Calif., March 19 /PRNewswire/ -- Mac Frugal's Bargains - Close-outs Inc. (NYSE: MFI), the parent company of Pic`N'Save stores, announced the grand opening of a new store today, Friday, March 19, at 9 a.m. The store is located in the city of Perris in Riverside County. This is in the company's home market, the greater Los Angeles area. The Perris store is the third Pic`N'Save store the company has opened this year. Of the other two, one is located in Ontario, the other is in Riverside. These are the first three of 36 stores the company has scheduled to open this year. "These three 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. Including the new Perris store, the company currently operates a chain of 208 retail stores in 12 states. These stores do business as Pic`N'Save and Mac Frugal's Bargains - Close-outs. The stores feature 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, Easter decorations and the just plain unexpected can be found at 40 percent to 70 percent off regular retail prices. -0- 3/19/93 /CONTACT: Eileen Hupp, assistant VP-marketing, 310-761-4212, or Debbi Hall, marketing, 310-761-4385, both of Mac Frugal's Bargains - Close-outs/ (MFI)
CO: Mac Frugal's Bargains - Close-outs Inc.; Pic`N'Save ST: California IN: REA SU: PDT
JL-EH -- LA015 -- 9110 03/19/93 16:04 EST
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|Date:||Mar 19, 1993|
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