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WAL-MART AND GREAT WESTERN ANNOUNCE FINANCE PROGRAM AGREEMENT

 BENTONVILLE, Ark., Nov. 4 /PRNewswire/ -- Bud's Warehouse Outlet, a division of Wal-Mart Stores Inc., and Great Western Consumer Finance Group (Aristar Inc.) announced today that they will introduce a specially structured Five Star finance program exclusively for Bud's customers. The program will feature revolving charge accounts with low monthly payment minimums and is designed to match the popular discount pricing structure of Bud's.
 "The Five Star program is a natural extension of Bud's operating philosophy," said Bob Hart, director of Bud's. "Bud's is a low-cost retailer and the availability of a fast, convenient and low-payment finance program will offer our customers the best of both worlds. High levels of customer service is our goal, and this program enhances our capacity to serve all the needs of our customers."
 "Bud's Warehouse Outlet serves the needs of value-conscious shoppers and reaches an important segment of the market," said Eugene Call, senior vice president of marketing for Great Western Consumer Finance Group. "One of the missions of our company is to put power in the hands of American consumers."
 On-the-spot credit approval through Great Western Consumer Finance Group will allow Bud's customers to finance purchases on major appliances, furniture, electronics and many other items. Some monthly payments may be as low as $5 a month.
 Bud's Warehouse Outlet is a new division of Wal-Mart Stores Inc. specializing in quality "brand name" closeouts, overruns and deep discount purchases. Bud's takes advantage of deep price cuts given by manufacturers due to overstock situations, model or package changes and a host of other sources. Each Bud's is organized into about 36 departments and carries a large food and tobacco line along with clothing, furniture, major appliances, electronics, sporting goods, automotive and more.
 With assets of $1.9 billion, Great Western Consumer Finance Group was founded 66 years ago. Today, it operates in 21 states serving nearly 1 million customers with 518 branch locations. The company is a subsidiary of Great Western Financial Corp., a leading diversified financial services company operating more than 1,100 consumer finance, retail banking and mortgage lending offices nationwide.
 Bud's Warehouse Outlet currently operates 77 stores nationwide and is a division of Wal-Mart Stores Inc. Wal-Mart has 1,993 stores and 326 Sam's Club operating in the United States and Puerto Rico. The company reported sales of $55.5 billion for the fiscal year ended Jan. 1, 1993.
 -0- 11/4/93
 /CONTACT: Betsy Reithemeyer of Wal-Mart, 501-273-4314; or Ashley Martin, Coletta & Co., 901-528-0800/


CO: Great Western Consumer Finance Group; Wal-Mart Stores Inc.;
 Bud's Warehouse Outlet ST: Arkansas IN: REA FIN SU: JVN


NY-JL -- LA011 -- 0455 11/04/93 06:02 EST
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Publication:PR Newswire
Date:Nov 4, 1993
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