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  September 5, 2001
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Home > Company Index > Retail > Home Furnishing & Housewares Retailing > HomePlace of America, Inc.

HomePlace of America, Inc.
 PROFILE
You "can" go to HomePlace again. HomePlace of America was formed in 1999 when HomePlace Stores emerged from bankruptcy protection and was bought by home furnishings retailer Waccamaw Corporation. The new HomePlace operates about 90 superstores under the HomePlace and Waccamaw names in 27 states. It offers about 30,000 products, including bed and bath linens, housewares, garden accessories, and home decorating items. The company filed for Chapter 11 bankruptcy protection in January 2001, citing slow sales due to a weakened US economy. HomePlace has been shutting down under performing store locations. The Kuwaiti government owns 52% of the company.

 COMPETITION
Bed Bath & Beyond Inc. (BBBY)
Linens 'n Things, Inc. (LIN)
Target Corporation (TGT)

 FINANCIAL OVERVIEW
Fiscal Year-End: February
2000 Sales (mil.): 686.00
1-Yr. Sales Growth: 14.3%
Employees: 6,500
Revenue per employee: $105,538.46

 KEY PEOPLE
• Gregory K. Johnson
    CEO
• David A. Frost
    CFO

 CONTACT INFO
3200 Pottery Dr.
Myrtle Beach, SC 29579
US
Phone: 843-236-4606
Fax: 843-236-1091
Online: Web Site

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