POWER OF ATTORNEY

	KNOW ALL MEN BY THESE PRESENTS, that the undersigned,
in his capacity as an executive officer of REX Stores
Corporation, a Delaware corporation (the "Company"),
hereby constitutes and appoints Edward M. Kress, his
true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution, for him and in
his name, place and stead, in any and all capacities:
(i) to sign all of the Company's Forms 3, 4 and 5 and
other forms and reports required under Section 16(a) of
the Securities Exchange Act of 1934 (the "Act")and the
rules thereunder: (ii) to file such forms and reports
with the Securities and Exchange Commission and any stock
exchange or similar authority; and (iii) to take any
other action of any type whatsoever in connection with
the foregoing which, in the opinion of such attorney-in-
fact, may be of benefit to, in the best interest of,
or legally required by, the undersigned, it being
understood that the documents executed by such attorney-
in-fact on behalf of the undersigned pursuant to this
Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-
in-fact may approve in such attorney-in-fact's discretion.

	The undersigned hereby grants such attorney-in-fact
full power and authority to do and perform any and every
act and thing whatsoever requisite, necessary or proper
to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as
the undersigned might or could do if personally present,
with full power of substitution or revocation, hereby
ratifying and confirming all that such attorney-in-fact,
or his substitute(s) shall lawfully do or cause to be done
by virtue of this power of attorney and the rights and
powers herein granted.  The undersigned acknowledges
that the foregoing attorney-in-fact, in serving in such
capacity at the request of the undersigned, is not
assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section
16 of the Act.

	This Power of Attorney shall remain in full force
and effect until the undersigned is no longer required
to file Forms 3, 4 and 5  or other forms or reports under
Section 16(a) of the Act with respect to the undersigned's
holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed
writing delivered to the foregoing attorney-in-fact.

	IN WITNESS WHEREOF, the undersigned has executed
this instrument on this 27 day of May, 2005.

					/s/ Keith B. Magby
					Signature

					Keith B. Magby
					Print Name