OKLAHOMA CITY -- And then there was one -- Homeland Stores.
of Safeway that were sold to division executives and financial investors in 1987 and 1988 following the 1986 leveraged buyout of Safeway by Kohlberg Kravis Roberts & Co., New York.
The other three -- AppleTree Markets in Houston, Food Barn in Kansas City and Harvest Foods in Little Rock, Ark. -- have all been liquidated and sold by their former owners.
Each spinoff accounted for annual sales of $300 m