PROFILE |
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Homeland Holding's niche in the grocery business is decidedly down-home. Homeland Stores, its wholly owned subsidiary, runs more than 75 supermarkets in Oklahoma, the Texas Panhandle, and southern Kansas. Homeland supermarkets offer the usual mix of groceries and general merchandise; most have delicatessens, about 60% have pharmacies, and more than half have at least two specialty departments (ethnic foods, floral services, seafood, salad bars). But facing stiff competition from Wal-Mart and Albertson's, the struggling Homeland is focusing on service and its customer savings card; it is also closing unprofitable stores. Billionaire George Soros (through Soros Fund Management, LLC) owns about 12% of the company.
COMPETITION |
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Albertson's, Inc. (ABS)
IGA, INC. (dossier)
Wal-Mart Stores, Inc. (WMT)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 600.80
1-Yr. Sales Growth: 7.4%
Employees: 4,381
Revenue per employee: $137,137.64
KEY PEOPLE |
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David B. Clark
CEO
Wayne S. Peterson
CFO
CONTACT INFO |
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2601 N. W. Expwy., Oil Center East, Ste. 1100E
Oklahoma City, OK 73112
US
Phone: 405-879-6600
Fax: 405-879-4600
Online: Web Site
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