UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D. C. 20549

                                    FORM 10-Q
(Mark One)
[X]            QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
               SECURITIES EXCHANGE ACT OF 1934

               For the quarterly period ended November 27, 2004
OR

[ ]            TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
               SECURITIES EXCHANGE ACT OF 1934

               For the transition period from _____________ to ______________

               Commission File No. 0-5815

                            AMERICAN CONSUMERS, INC.
                            ------------------------
             (Exact name of registrant as specified in its charter)

                GEORGIA                                 58-1033765
                -------                                 ----------
     (State or other jurisdiction of          (I.R.S. Employer Identification
      incorporation or organization)                      Number)

              55 Hannah Way, Rossville, GA                30741
              -------------------------------------------------
       (Address of principal executive offices)         (Zip Code)

       Registrant's Telephone Number, including Area Code: (706) 861-3347
   __________________________________________________________________________
   (Former name, former address and former fiscal year, if changed since last
                                    report)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding  12  months  (or  for such shorter period that the registrant was
required  to  file  such  reports),  and  (2)  has  been  subject to such filing
requirements for the past 90 days. YES [X] NO [ ]

Indicate by check mark whether the registrant is an accelerated filer (as
defined in Rule 12b-2 of the Exchange Act). YES [ ] NO [X]

                      APPLICABLE ONLY TO CORPORATE ISSUERS:
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.

               Class                           Outstanding at January 10, 2005
COMMON STOCK - $ .10 PAR VALUE                              804,872
NON VOTING COMMON STOCK - $ .10 PAR VALUE                    ----
NON VOTING PREFERRED STOCK - NO PAR VALUE                    ----


<PAGE>
<TABLE>
<CAPTION>
                                   PART I FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

                                      FINANCIAL INFORMATION
                                    AMERICAN CONSUMERS, INC.
                      CONDENSED STATEMENTS OF INCOME AND RETAINED EARNINGS

                                       THIRTEEN WEEKS ENDED           TWENTY-SIX WEEKS ENDED
                                  ------------------------------  ------------------------------
                                   November 27,    November 29,    November 27,    November 29,
                                       2004            2003            2004            2003
                                  --------------  --------------  --------------  --------------
<S>                               <C>             <C>             <C>             <C>

NET SALES                         $   8,182,495   $   7,201,004   $  16,208,466   $  14,534,717
COST OF GOODS SOLD                    6,206,884       5,491,030      12,303,633      11,077,976
                                  --------------  --------------  --------------  --------------

Gross Margin                          1,975,611       1,709,974       3,904,833       3,456,741
OPERATING EXPENSES                    1,969,071       1,754,769       4,032,490       3,528,466
                                  --------------  --------------  --------------  --------------

Operating Income (Loss)                   6,540         (44,795)       (127,657)        (71,725)

OTHER INCOME (EXPENSE)
  Interest income                           860           3,418           1,807           6,836
  Other income                           30,179          21,526          53,226          40,621
  Interest expense                      (14,881)         (8,864)        (29,562)        (18,732)
                                  --------------  --------------  --------------  --------------

Income (Loss) Before Income Tax          22,698         (28,715)       (102,186)        (43,000)

INCOME TAXES (BENEFIT)                        -               -               -               -
                                  --------------  --------------  --------------  --------------

NET INCOME (LOSS)                        22,698         (28,715)       (102,186)        (43,000)

RETAINED EARNINGS:
  Beginning                           1,150,455       1,497,364       1,275,445       1,511,665

  Redemption of common stock               (400)            (67)           (506)            (83)
                                  --------------  --------------  --------------  --------------

  Ending                          $   1,172,753   $   1,468,582   $   1,172,753   $   1,468,582
                                  ==============  ==============  ==============  ==============

PER SHARE:
  Net income (loss)               $       0.028   $      (0.035)  $      (0.126)  $      (0.053)
                                  ==============  ==============  ==============  ==============

  Cash dividends                  $           -   $           -   $           -   $           -
                                  ==============  ==============  ==============  ==============

WEIGHTED AVERAGE NUMBER
  OF SHARES OUTSTANDING                 810,425         815,618         808,941         815,406
                                  ==============  ==============  ==============  ==============
<FN>

                                See Notes to Financial Statements
</TABLE>


                                        2
<PAGE>
<TABLE>
<CAPTION>
                                   FINANCIAL INFORMATION
                                  AMERICAN CONSUMERS, INC.
                                  CONDENSED BALANCE SHEETS


                                                                November 27,     May 29,
                                                                    2004           2004
                                                               --------------  ------------
<S>                                                            <C>             <C>
                                    --A S S E T S--
CURRENT ASSETS
  Cash and short-term investments                              $     309,554   $   335,135
  Certificate of deposit                                             300,869       323,488
  Accounts receivable                                                173,113       137,463
  Inventories                                                      2,357,209     2,363,973
  Prepaid expenses                                                   119,136        65,369
                                                               --------------  ------------
Total current assets                                               3,259,881     3,225,428
                                                               --------------  ------------

PROPERTY AND EQUIPMENT - at cost
  Leasehold improvements                                             273,615       273,615
  Furniture, fixtures and equipment                                3,260,359     3,236,063
                                                               --------------  ------------
                                                                   3,533,974     3,509,678
  Less accumulated depreciation                                   (2,791,179)   (2,644,738)
                                                               --------------  ------------
                                                                     742,795       864,940
                                                               --------------  ------------
TOTAL ASSETS                                                   $   4,002,676   $ 4,090,368
                                                               ==============  ============

                      --LIABILITIES AND STOCKHOLDERS' EQUITY--
CURRENT LIABILITIES
  Accounts payable                                             $     792,999   $   788,330
  Short-term borrowings                                              437,387       340,050
  Current maturities of long-term debt                               241,835       241,510
  Accrued sales tax                                                  104,345        96,259
  Federal and state income taxes                                         503           957
  Other                                                              198,666       167,588
                                                               --------------  ------------
Total current liabilities                                          1,775,735     1,634,694
                                                               --------------  ------------
LONG-TERM DEBT                                                       301,679       420,568
                                                               --------------  ------------

STOCKHOLDERS' EQUITY
  Nonvoting preferred stock - authorized 5,000,000
    shares of no par value; no shares issued                               -             -
  Nonvoting common stock - authorized 5,000,000
    shares-$.10 par value; no shares issued                                -             -
  Common stock - $.10 par value; authorized 5,000,000
    shares; shares issued of 805,752 and 813,410 respectively         80,575        81,341
  Additional paid-in capital                                         671,934       678,320
  Retained earnings                                                1,172,753     1,275,445
                                                               --------------  ------------
Total Stockholders' Equity                                         1,925,262     2,035,106
                                                               --------------  ------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                     $   4,002,676   $ 4,090,368
                                                               ==============  ============
<FN>

                             See Notes to Financial Statements
</TABLE>


                                        3
<PAGE>
<TABLE>
<CAPTION>
                               FINANCIAL INFORMATION
                              AMERICAN CONSUMERS, INC.
                         CONSENSED STATEMENTS OF CASH FLOWS

                                                         TWENTY-SIX WEEKS ENDED
                                                     ------------------------------
                                                      November 27,    November 29,
                                                          2004            2003
                                                     --------------  --------------
<S>                                                  <C>             <C>
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss                                             $    (102,186)  $     (43,000)
Adjustments to reconcile net loss to net cash
  provided by (used in) operating activities:
    Depreciation and amortization                          152,132         141,926
    Deferred income                                              -             530
    Change in operating assets and liabilities:
      Accounts receivable                                  (35,650)         (5,999)
      Inventories                                            6,764         (55,706)
      Prepaid expenses                                     (53,767)        (57,384)
      Accounts payable                                       4,669          10,134
      Accrued sales tax                                      8,086         (20,393)
      Accrued income taxes                                    (454)            582
      Other accrued liabilities                             31,078           7,640
                                                     --------------  --------------
Net cash provided by (used in) operating activities         10,672         (21,670)
                                                     --------------  --------------

CASH FLOWS FROM INVESTING ACTIVITIES
  Purchase of property                                     (29,987)       (119,803)
                                                     --------------  --------------
  Decrease (increase) in certificate of deposit             22,619          (6,800)
                                                     --------------  --------------
Net cash used in investing activities                       (7,368)       (126,603)
                                                     --------------  --------------

CASH FLOWS FROM FINANCING ACTIVITIES
  Net increase (decrease) in short-term borrowings          97,337         (57,533)
  Net decrease in long-term borrowing                     (118,564)        (68,963)
  Redemption of common stock                                (7,658)         (1,266)
                                                     --------------  --------------
    Net cash used in financing activities                  (28,885)       (127,762)
                                                     --------------  --------------
Net decrease in cash                                       (25,581)       (276,035)
Cash and cash equivalents at beginning of period           335,135         745,659
                                                     --------------  --------------
Cash and cash equivalents at end of period           $     309,554   $     469,624
                                                     ==============  ==============
<FN>

                         See Notes to Financial Statements
</TABLE>


                                        4
<PAGE>
                            AMERICAN CONSUMERS, INC.
                          NOTES TO FINANCIAL STATEMENTS



(1)   Basis of Presentation.

The financial statements have been prepared in conformity with generally
accepted accounting practices within the industry.

The interim financial statements should be read in conjunction with the notes to
the financial statements presented in the Company's 2004 Annual Report to
Shareholders. The quarterly financial statements reflect all adjustments which
are, in the opinion of management, necessary for a fair presentation of the
results for interim periods. All such adjustments are of a normal recurring
nature. The results for the interim periods are not necessarily indicative of
the results to be expected for the complete fiscal year.


(2)   Commitments and Contingencies.

Capital expenditures are not expected to exceed $150,000 for the year.

The Company adopted a retirement plan effective January 1, 1995. The plan is a
401(k) plan administered by BISYS Qualified Plan Services. Participation in the
plan is available to all full-time employees after one year of service and age
19. Any contribution by the Company is at the discretion of the Board of
Directors, which makes its decision annually at the quarterly meeting in
January. The Board voted to contribute $7,500 to the plan for both calendar
years 2004 and 2003.

None of the Company's employees are represented by a union.


                                        5
<PAGE>
<TABLE>
<CAPTION>
ITEM 2.     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
            FINANCIAL CONDITION AND RESULTS OF OPERATIONS

                              RESULTS OF OPERATIONS

                                    THIRTEEN WEEKS ENDED           TWENTY-SIX WEEKS ENDED
                               ------------------------------  ------------------------------
                                November 27,    November 29,    November 27,    November 29,
                                    2004            2003            2004            2003
                               --------------  --------------  --------------  --------------
<S>                            <C>             <C>             <C>             <C>

Sales                          $   8,182,495   $   7,201,004   $  16,208,466   $  14,534,717
% Sales Increase (Decrease)            13.63%         (0.51)%          11.52%         (0.13)%
Gross Margin %                         24.14%          23.75%          24.09%          23.78%
Operating and Administrative
Expense:
  Amount                       $   1,969,071   $   1,754,769   $   4,032,490   $   3,528,466
  % of Sales                           24.06%          24.37%          24.88%          24.28%
Net Income (Loss)              $      22,698   $     (28,715)  $    (102,186)  $     (43,000)
</TABLE>


The Company realized a pre-tax net income of $22,698 during the quarter ended
November 27, 2004 compared to a pre-tax net loss of $28,715 for the quarter
ended November 29, 2003.  For the six months ended November 27, 2004, the
Company realized a pre-tax net loss of $102,186 compared to a pre-tax net loss
of $43,000 for the prior year period.  The majority of the sales increases of
13.63% and 11.52% for the quarter and six month periods, respectively, is
attributable to the addition of the Company's eighth grocery store in December
2003.  The remainder of the sales increase (3.92% for the quarter and 1.85% for
the six month period) is primarily attributable to increased sales at one store,
where a nearby competitor recently closed.

The gross margin increased slightly for both the quarter and six month periods
presented, as compared to the prior year.  This is consistent with the slight
increase recorded for the previous quarter ended August 28, 2004, at which time
the gross margin was 24.04%.  Management began working on the Company's gross
margin during the quarter ended August 31, 2002, at which time the gross margin
stood at 22.79% for the fiscal year ended June 1, 2002.  Management actively
monitors both the gross margin and the Company's retail pricing structure.  As
we have previously noted, however, it is difficult to maintain a trend of
consistent improvement in the gross margin due to competitive conditions which
often delay the Company's ability to pass through price increases experienced at
the wholesale level.  Accordingly, further improvements in the gross margin may
not be achievable at this time.  Management believes that competitive pressures
on the Company, which have been threatening the profitability of the Company,
will continue to increase over time as a result of competitors opening more new
stores in the Company's trade area.  In response to these developments,
management will continue seeking to improve the gross margin and increase
profitability by obtaining the lowest cost for the Company's inventory, and as
competition permits, by periodically implementing strategic adjustments in the
Company's overall mix of retail prices.

As indicated in the table above, the trend noted in prior quarters of operating
and administrative expenses increasing as a percent of sales appears to have
moderated, as operating and administrative expenses remained fairly consistent
in relation to sales for the periods presented.  This is attributable to the
slight increases in same-store sales noted above for the quarter and six-month
periods, which had the effect of balancing some of the increases in store
payroll, repairs and insurance that led to the increased ratio for prior
periods.


                                        6
<PAGE>
Income Taxes:
------------

No taxes were reflected for the periods presented due to the impact of net
operating loss carry forward provisions under current tax laws.

Inflation:
---------

Although currently not a significant factor, the Company continues to seek ways
to cope with the threat of renewed inflation. To the extent permitted by
competition, increased costs of goods and services to the Company are reflected
in increased selling prices for the goods sold by the Company.


                               FINANCIAL CONDITION

Liquidity and Capital Resources:
-------------------------------

The Company finances its working capital requirements principally through its
cash flow from operations.  Short-term borrowing to finance inventory purchases
is provided by the Company's $500,000 line of credit from its bank.  Short-term
borrowings as of specific dates are presented below:

<TABLE>
<CAPTION>
                              November 27,    May 29,   November 29,
                                  2004         2004        2003
                              -------------  --------  -------------
<S>                           <C>            <C>       <C>
Michael and Diana Richardson  $      13,466  $ 13,166  $      12,904
Matthew Richardson                   23,941    26,884         27,833
Line of Credit                      400,000   300,000        175,000
                              -------------  --------  -------------
TOTAL                         $     437,387  $340,050  $     215,737
                              =============  ========  =============
</TABLE>

Notes to Michael and Diana Richardson and to Matthew Richardson are unsecured,
payable on demand and bear interest at .25% below the base rate charged by
Northwest Georgia Bank, which provides the Company with its line of credit.
Michael Richardson is Chairman of the Board and Chief Executive Officer of the
Company.  Diana Richardson is the wife of Michael Richardson, and Matthew
Richardson is their son.

Long-Term Debt:
--------------

At November 27, 2004, long-term debt consisted of a note payable to Northwest
Georgia Bank of $200,900 to finance cash registers and peripheral equipment, as
well as notes payable to Northwest Georgia Bank of $47,766 incurred in April
2001 to finance the addition of the Company's seventh grocery store and $293,542
incurred in December 2003 to finance the addition of the Company's eighth
grocery store.  In addition, two vehicles were purchased and financed through
GMAC with a balance due at November 27, 2004, of $1,306. Long-term debt as of
specific dates is presented below:


                                        7
<PAGE>
<TABLE>
<CAPTION>
                                         November 27,    May 29,   November 29,
                                             2004         2004        2003
                                         -------------  --------  -------------
<S>                                      <C>            <C>       <C>
   Note payable, Bank, secured by
   all inventory, machinery and
   equipment, due $11,381 monthly
   plus interest at the prime rate plus
   1.5 % through September 2006.         $     200,900  $264,000  $     326,213

   Note payable, Bank, secured by
   all inventory, machinery and
   equipment, due $6,781 monthly
   plus interest at 6% through
   December 2008.                              293,542   324,725              -

   Note payable, Bank, secured by
   all inventory, machinery and
   equipment, due $3,576 monthly
   plus interest at 5.75% through
   April 2006.                                  47,766    64,212         83,561

   Vehicle loans; collateralized by
   automobiles due $1,305 monthly
   through December 2004.                        1,306     9,141         16,976
                                         -------------  --------  -------------
                                         $     543,514  $662,078  $     426,750
   Less current maturities                     241,835   241,510        157,661
                                         -------------  --------  -------------
                                         $     301,679  $420,568  $     269,089
                                         =============  ========  =============
</TABLE>


The following is a schedule by years of the amount of maturities of all
long-term debt:

                Year                   Amount
                ----                  --------
                2005                  $241,835
                2006                   143,275
                2007                    73,883
                2008                    78,440
                2009                     6,081

The ratio of current assets to current liabilities was 1.84 to 1 at the end of
the latest quarter, November 27, 2004 compared to 2.23 to 1 on November 29, 2003
and 1.97 to 1 at the end of the fiscal year ended on May 29, 2004.  Cash, cash
equivalents and the certificate of deposit constituted 18.73% of the total
current assets at November 27, 2004, as compared to 25.59% of the total current
assets at November 29, 2003 and 20.42% at May 29, 2004.

During the quarter ended November 27, 2004 retained earnings increased as a
result of the Company's net income for the quarter.

Critical Accounting Policies
----------------------------

Critical accounting policies are those policies that management believes are
important to the portrayal of the Company's financial condition and results of
operations and require management's most difficult, subjective or complex
judgments, often as a result of the need to make estimates about the effect of
matters that are inherently uncertain.


                                        8
<PAGE>
Management has determined valuation of its inventories as a critical accounting
policy. Inventories are stated at the lower of average cost or market.

Off-Balance Sheet Arrangements
------------------------------

The Company had no significant off-balance sheet arrangements as of November 27,
2004.

Related Party Transactions
--------------------------

Except as discussed under "Liquidity and Capital Resources," there were no
material related party transactions during the twenty-six week period ended
November 27, 2004.

Forward - Looking Statements:
----------------------------

Information provided by the Company, including written or oral statements made
by its representatives, may contain "forward looking information" as defined in
Section 21E of the Securities Exchange Act of 1934, as amended. All statements
which address activities, events or developments that the Company expects or
anticipates will or may occur in the future, including such things as expansion
and growth of the Company's business, the effects of future competition, future
capital expenditures and the Company's business strategy, are forward-looking
statements. In reviewing such information, it should be kept in mind that actual
results may differ materially from those projected or suggested in such
forward-looking statements. This forward-looking information is based on various
factors and was derived utilizing numerous assumptions. Many of these factors
previously have been identified in filings or statements made on behalf of the
Company, including filings with the Securities and Exchange Commission on Forms
10-Q, 10-K and 8-K. Important assumptions and other important factors that could
cause actual results to differ materially from those set forth in the
forward-looking statements include: changes in the general economy or in the
Company's primary markets, the effects of ongoing price competition from
competitors with greater financial resources than those of the Company, changes
in consumer spending, the nature and extent of continued consolidation in the
grocery store industry, changes in the rate of inflation, changes in state or
federal legislation or regulation, adverse determinations with respect to any
litigation or other claims, inability to develop new stores or complete remodels
as rapidly as planned, stability of product costs, supply or quality control
problems with the Company's vendors, and other issues and uncertainties detailed
from time-to-time in the Company's filings with the Securities and Exchange
Commission.

ITEM 3.   QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT
          MARKET RISK

The Company does not engage in derivative transactions, nor does it hold or
issue financial instruments for trading or other speculative purposes.  The
Company is exposed to market risk related to changes in interest rates primarily
as a result of its borrowing activities.  The effective interest rate on the
Company's borrowings under its Line of Credit Agreements and under its
outstanding notes varies with the prime rate, but approximately 71% of the
outstanding balance of such debt is subject to a fixed "floor" rate of 6.00%,
which exceeds the current prime rate.  Accordingly, we believe that our present
exposure to market risk relating to interest rate risk is not material.  The
Company does not maintain any interest rate hedging arrangements.  All of the


                                        9
<PAGE>
Company's business is transacted in U.S. dollars and, accordingly, foreign
exchange rate fluctuations have never had a significant impact on the Company
and they are not expected to in the foreseeable future.

ITEM 4.   CONTROLS AND PROCEDURES

As of the end of the period covered by this quarterly report, an evaluation was
performed, under the supervision and with the participation of our management,
including the Company's Chief Executive Officer and the Chief Financial Officer,
of the effectiveness of the design and operation of the Company's disclosure
controls and procedures pursuant to Exchange Act Rule 13a-15.  Based on that
evaluation, the Chief Executive Officer and Chief Financial Officer concluded
that the Company's disclosure controls and procedures are effective.  No change
in the Company's internal control over financial reporting occurred during the
period covered by this quarterly report that materially affected, or is
reasonably likely to materially affect, our internal control over financial
reporting.


                                       10
<PAGE>
                            AMERICAN CONSUMERS, INC.

                           PART II   OTHER INFORMATION


ITEM 2.   UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

(c)   Issuer Repurchases:
      ------------------

The following table presents information with respect to repurchases of common
stock made by the Company during the fiscal quarter covered by this report:

<TABLE>
<CAPTION>
                                    Average     Total Number of     Maximum Number of
                    Total Number     Price    Shares Purchased as  Shares that May Yet
                      of Shares    Paid per   Part of a Publicly      Be Purchased
Period              Purchased (1)    Share      Announced Plan       Under the Plan
------------------  -------------  ---------  -------------------  -------------------
<S>                 <C>            <C>        <C>                  <C>

August 29 -
Sept. 25, 2004              5,280  $    1.00                    -                    -

Sept. 26 -
October 30, 2004              264       1.00                    -                    -

October 31 -
Nov. 27, 2004                 506       1.00                    -                    -
                    -------------  ---------  -------------------  -------------------

TOTAL                       6,050  $    1.00                    -                    -
                    =============  =========  ===================  ===================
<FN>

(1)  Represents shares repurchased at $1.00 per share in response to unsolicited
     requests from unaffiliated shareholders during the quarter.
</TABLE>

ITEM 4.   SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

The Company held its Annual Meeting of Shareholders on September 23, 2004, at
which shareholders were asked to vote on the election of directors for the
fiscal year ending in 2004. Proxies were solicited by management in favor of
seven nominees, with no solicitation in opposition to management's nominees.
All of such nominees were elected, with the number of votes cast for, against,
or withheld as well as the number of broker non votes and abstentions as to each
nominee having been as follows:

<TABLE>
<CAPTION>
                        TOTAL    VOTES    VOTES             BROKER
                       SHARES    CAST     CAST     VOTES     NON
NOMINEE                 VOTED     FOR    AGAINST  WITHHELD  VOTES
---------------------  -------  -------  -------  --------  ------
<S>                    <C>      <C>      <C>      <C>       <C>
Michael A. Richardson  553,723  553,712       11   262,026  31,934
Paul R. Cook           553,723  553,712       11   262,026  31,934
Virgil E. Bishop       553,723  553,712       11   262,026  31,934
Thomas L. Richardson   553,723  553,712       11   262,026  31,934
Jerome P. Sims, Sr.    553,723  553,492      231   262,026  31,934
Andrew V. Douglas      553,723  553,712       11   262,026  31,934
Danny R. Skates        553,723  553,712       11   262,026  31,934
</TABLE>


                                       11
<PAGE>
ITEM 6.   EXHIBITS

The following exhibits are filed as a part of the report:

     (11) Statement re: computation of per share earnings.

     (31.1) CEO Certification pursuant to Exchange Act Rules 13a-14(a) and
     15d-14(a)

     (31.2) CFO Certification pursuant to Exchange Act Rules 13a-14(a) and
     15d-14(a)

     (32.1) CEO Certification pursuant to Exchange Act Rules 13a-14(b) and
     15d-14(b)

     (32.2) CFO Certification pursuant to Exchange Act Rules 13a-14(b) and
     15d-14(b)


                                       12
<PAGE>
                                   SIGNATURES
                                   ----------

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                   AMERICAN CONSUMERS, INC.
                                   (Registrant)


Date:   January 11, 2005             /s/ Michael A. Richardson
       ------------------          ------------------------------
                                   Michael A. Richardson
                                   CHAIRMAN OF THE BOARD AND
                                   CHIEF EXECUTIVE OFFICER
                                   (Principal Executive Officer)


Date:   January 11, 2005             /s/ Paul R. Cook
       ------------------          ------------------------------
                                   Paul R. Cook
                                   EXECUTIVE VICE PRESIDENT AND
                                   TREASURER
                                   (Principal Financial Officer & Chief
                                   Accounting Officer)


                                       13
<PAGE>