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PIC'N'SAVE CONTINUES EXPANSION IN ORANGE COUNTY WITH NEW SANTA ANA STORE

 DOMINGUEZ, Calif., June 2 /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 scheduled for Friday, June 4, at 9 a.m. The store is located at North Grand Avenue and the 22 Freeway in the city of Santa Ana in Orange County.
 Pic`N'Save has earmarked Orange County as a key area for future expansion. This Santa Ana store is the fifth new store the company has opened in Orange County in the last eight months. With yet another Orange County store scheduled to open later this month, it will bring the total number of stores in the county to 13. "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.
 Including the new Santa Ana store, the company currently operates a chain of 213 retail stores in 12 states. These stores do business as Pic`N'Save and Mac Frugal's Bargains - Close-outs.
 Pic`N'Save, 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 summer merchandise, and the just plain unexpected can be found at 40 percent to 70 percent off regular retail prices.
 -0- 6/2/93
 /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.; Pic`N'Save ST: California IN: REA SU: PDT

JB-JL -- LA009 -- 4282 06/02/93 08:05 EDT
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Publication:PR Newswire
Date:Jun 2, 1993
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