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PIC 'N' SAVE OPENS 10TH STORE IN SAN DIEGO

 PIC 'N' SAVE OPENS 10TH STORE IN SAN DIEGO
 SAN DIEGO, Aug. 24 /PRNewswire/ -- Pic 'N' Save continues its


commitment to serving the greater San Diego area with the opening of its 10th store. The grand opening celebration takes place at the new Pic 'N' Save store located at 1655 Euclid St. on Friday and Saturday, Aug. 28 and 29.
 "Over the next several years we would like to double the number of stores in San Diego," said Len Williams, president and chief executive officer. "We believe in San Diego and are looking at this store as the beginning of major growth in the market."
 The building, which has been vacant for several years, is undergoing a major face-lift, including a new parking lot, utility repairs, complete exterior painting, a new building sign and interior restoration. These improvements represent a $200,000 plus investment in the store location and ultimately the community. The store will generate tax revenue for the community and will also add to the local economy by employing more than 30 full- and part-time people on a day-to-day basis.
 The grand opening celebration will start Friday, Aug. 28 with a ribbon cutting ceremony at 9 a.m. The first 200 customers through the door on Friday, Aug. 28, and Saturday, Aug. 29, will be given a free $2 gift certificate. There will be clowns, balloons, giveaways, Coca-cola for $.99 a six-pack, men's tennis shoes for $.49 a pair and Doritos at $.99 a bag. Radio station XHRM will be broadcasting live from the new store from 1-4 p.m. on Saturday.
 "We've been a part of the San Diego community for 26 years," Williams continued. "We are thrilled to be opening yet another store in this market and we wanted to make our grand opening celebration really special to thank all of our loyal San Diego shoppers."
 The company, Mac Frugal's Bargains - Close-outs Inc. (NYSE: MFI), operates a chain of 195 retail stores in 12 states. These stores, which do business as Pic 'N' Save and Mac Frugal's Bargains - Close- outs, feature a wide 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- 8/24/92
 /CONTACT: Eileen Hupp, assistant VP-marketing, 310-761-4214, or Debbi Hall, advertising coordinator, 310-761-3485, both of Mac Frugal's Bargains - Close-outs/
 (MFI) CO: Pic 'N' Save; Mac Frugal's Bargains - Close-outs Inc. ST: California IN: REA SU:


AL -- LA004 -- 2454 08/24/92 09:01 EDT
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Publication:PR Newswire
Date:Aug 24, 1992
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