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THREE FREDERICK & NELSON STORES TO CLOSE MONDAY

 THREE FREDERICK & NELSON STORES TO CLOSE MONDAY
 SEATTLE, May 22 /PRNewswire/ -- Monday, May 25, will be the last


day of operations at Frederick & Nelson's three remaining department stores in downtown Seattle, Southcenter and Bellevue Square, the company announced today.
 The stores, which have been conducting a court-ordered liquidation sale since mid-February, will be open from 10 a.m. to 6 p.m. that day. Each store will have a large supply of Frango candies (at regular price) in addition to a variety of merchandise at deeply discounted clearance prices.
 Frederick & Nelson owner David Sabey said, "This has been the most frustrating and disappointing time of my business career. It continues to concern me that no one can predict what the future holds for Frederick & Nelson.
 "But at this point, I'd like to again thank our customers for the fantastic support they've given us over the years and especially our associates for the incredible job they've done under very difficult circumstances. I'll never forget what loyal and kind people they are."
 The company said that, following closure of the three stores, remaining merchandise will be consolidated at the company's distribution center in Tukwila, Wash.
 Company officials would not provide figures on the results of the liquidation sale, noting that they will be filed with the Bankruptcy Court in the future.
 -0- 5/22/92
 NOTE TO EDITORS: Photographs, video cameras and interviews of Frederick & Nelson customers and employees will be allowed on Monday, provided that the individual's consent is obtained before beginning the interview. No prior approvals will be required before entering the store that day.
 /CONTACT: Henry Farber, 206-382-8405, or David Taylor, 206-382-8211, both of Frederick & Nelson/ CO: Frederick & Nelson ST: Washington IN: REA SU:


LM-JH -- SE011 -- 3502 05/22/92 18:10 EDT
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Publication:PR Newswire
Date:May 22, 1992
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