ROANOKE TIMES 

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: FRIDAY, April 27, 1990                   TAG: 9004270242
SECTION: BUSINESS                    PAGE: A11   EDITION: METRO 
SOURCE: 
DATELINE: HARTFORD, CONN.                                LENGTH: Short

AMES CHAIN FILES FOR COURT PROTECTION

Ames Department Stores Inc., the giant discount retailer that stumbled after buying the Zayre chain two years ago, has filed for bankruptcy court protection.

The filing in New York late Wednesday followed a tumultuous week in which Ames stock traded wildly on the New York Stock Exchange amid speculation that the chain would seek protection from creditors under Chapter 11 of the federal Bankruptcy Code.

Some suppliers, including Gerber Products Co. children's clothing and The Gitano Group Inc., have refused to ship items needed to fill Ames' shelves for spring because they claim they haven't been paid for earlier deliveries.

Ames has said it will close its store at Towne Square shopping center in Roanoke and others in Staunton, Harrisonburg and 71 other cities. - Associated Press 


 by CNB