OKLAHOMA CITY -- Homeland Stores here said increased competitive activity contributed to a 3.2% sales decline in the first quarter ended March 26. inary charge of $3.9 million related to debt redemption. Homeland, as reported, has hired outside advisers to assist with the sale of "all or a substantial portion" of its operations. Observers said the retailer needs financing to fund its expansion outside Oklahoma. In the recent quarter, Homeland reported sales of $184.8 million. Same-store ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.