HOMELAND HAS QUARTER LOSS, VOLUME DROP

OKLAHOMA CITY -- Homeland Stores here reported a drop in sales and a loss for the 12-week third quarter ended Sept. 6.flected a 3.2% reduction in same-store sales. Kordisch said that drop was the result of several new competitive store openings during the quarter, low food inflation, more stringent rules concerning food-stamp eligibility and increased promotional spending.He said the company expects

OKLAHOMA CITY -- Homeland Stores here reported a drop in sales and a loss for the 12-week third quarter ended Sept. 6.

flected a 3.2% reduction in same-store sales. Kordisch said that drop was the result of several new competitive store openings during the quarter, low food inflation, more stringent rules concerning food-stamp eligibility and increased promotional spending.

He said the company expects total sales will benefit during the fourth quarter from the acquisition of f

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