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HECHINGER COMPANY ANNOUNCES FEBRUARY SALES

 LANDOVER, Md., March 4 /PRNewswire/ -- Hechinger Company (NASDAQ-NMS: HECHA and HECHB) today announced monthly sales for February of $114.0 million, which represents an 8 percent increase from February 1992 sales of $105.1 million. Comparable store sales were down 6 percent for the month.
 Comparable store sales for February 1993 were down 4 percent for the Hechinger Stores division and down 10 percent for the Home Quarters Warehouse division, compared to a 10 percent increase for the Hechinger Stores division and a 25 percent increase for the Home Quarters Warehouse division in February 1992. Sales for February 1993 were adversely impacted by the cold and wet weather in all of our markets, compared to an early spring and near record high temperatures last year.
 The company also reported that the openings in February of three Hechinger Home Project Centers were highly successful. These units reflect the Hechinger Stores division's most recent merchandising innovations. Four additional Home Project Centers are scheduled to open in the first quarter of 1993: three in the Washington, D.C., metropolitan market and one in the Philadelphia market.
 The company also announced that the Home Quarters Warehouse division broke ground for three stores in the Detroit market in Roseville, Livonia and Madison Heights, Mich., and for a new store in North Little Rock, Ark. In addition, a new 110,000 square foot Home Quarters Warehouse store is scheduled to open in Chesapeake, Virginia early this summer. This store will replace an existing smaller unit and will incorporate an entirely new service concept, supported by significantly enhanced merchandising programs.
 Hechinger Company is a leading specialty retailer, currently operating 124 home centers in 18 states and the District of Columbia. The company serves the growing home improvement industry through its three divisions: Hechinger, Home Quarters Warehouse, and Triangle Building Centers.
 -0- 3/4/93
 /CONTACT: W. Clark McClelland, senior vice president-finance, chief financial officer, Hechinger, 301-341-0450/
 (HECH)


CO: Hechinger Company ST: Maryland IN: REA SU:

MH -- DC020 -- 2998 03/04/93 12:33 EST
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Publication:PR Newswire
Date:Mar 4, 1993
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