CALDOR REPORTS 9.4% SALES INCREASE FOR FEBRUARY 1995.

NORWALK, Conn.--(BUSINESS WIRE)--March 2, 1995--The Caldor Corporation (NYSE: CLD) reported today that sales for the month of February 1995 rose to $159 million, an increase of 9.4% over sales of $145 million in February of 1994. Comparable store sales for the four week period increased 0.4%.

                                          Comparable
                                             Store      Total
                       Feb. 25,  Feb. 26,  Percent    Percent
($ in millions)          1995      1994    Change     Change

Four weeks ended            $159    $145        0.4%     9.4%
Trailing fifty-two
    weeks ended           $2,762  $2,432        2.2%    13.6%

The Caldor Corporation is the fourth largest discount department store chain in the U.S. with sales of $2.7 billion during the last 12 months from 163 stores in ten East Coast states. With a strong consumer franchise in high-density urban/suburban markets, Caldor offers a diverse merchandise selection, including both softline and hardline products. The Company's continued growth will include an aggressive expansion program, a unique merchandising strategy and the ability to provide a friendly shopping experience.

CONTACT: Robert S. Schauman David D. Peterson Report requests:

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