HOMELAND PLANNING TO SELL ALL OR MOST OF ITS OPERATIONS

OKLAHOMA CITY -- Homeland Stores here is for sale.The 112-store chain, one of the Safeway spinoffs of the late 1980s, has disclosed plans to explore the sale of all or substantially all of its operations.According to Max E. Raydon, president and chief executive officer, the chain is studying "the possibility of combining the company with a strong industry partner."The high costs of labor and of financing

OKLAHOMA CITY -- Homeland Stores here is for sale.

The 112-store chain, one of the Safeway spinoffs of the late 1980s, has disclosed plans to explore the sale of all or substantially all of its operations.

According to Max E. Raydon, president and chief executive officer, the chain is studying "the possibility of combining the company with a strong industry partner."

The high costs of labor and of financing expansion figured prominently in Homeland's search for ne

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