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Home > Company Index > Retail > Grocery Retailing > Homeland Holding Corporation

Homeland Holding Corporation
Nasdaq: HMLD
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 PROFILE
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
Albertson's, Inc. (ABS)
IGA, INC. (dossier)
Wal-Mart Stores, Inc. (WMT)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
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
• David B. Clark
    CEO
• Wayne S. Peterson
    CFO

 CONTACT INFO
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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