Printer Friendly

HECHINGER COMPANY REPORTS SEPTEMBER SALES

 LANDOVER, Md., Oct. 7 /PRNewswire/ -- Hechinger Company (NASDAQ-NMS: HECHA and HECHB) today reported monthly sales for September of $209.0 million, which represents a 14 percent increase from September 1992 sales of $183.5 million. Comparable store sales were up 11 percent for the month.
 Comparable store sales for September 1993 were up 12 percent for the Hechinger Stores division and up 10 percent for the Home Quarters Warehouse division.
 During the month of September, the Home Quarters Warehouse division opened a new store in Jackson, Miss. Six Home Quarters Warehouse stores are scheduled to open during the month of October: Albany, N.Y.; North Little Rock, Ark.; and four stores in the Detroit market in Roseville, Madison Heights, Southgate and Livonia, Mich. In addition, one Home Quarters Warehouse store will open in Clarksville, Ind., a suburb of the Louisville, Ky., market, early in the fourth quarter.
 During the month of September, the Hechinger Stores division completed the conversion of two Home Project Centers in Delaware and opened a new Home Project Center in Columbia, Md. In the fourth quarter, one new Home Project Center and two converted Home Project Centers will open.
 Hechinger Company is a leading specialty retailer, currently operating 118 home centers in 19 states and the District of Columbia. The company serves the growing home improvement industry through its two divisions: Hechinger Stores and Home Quarters Warehouse.
 -0- 10/7/93
 /CONTACT: Richard S. Gross, corporate controller, Hechinger Company, 301-341-0450/
 (HECH)


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

IH-MH -- DC006 -- 9659 10/07/93 09:47 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 7, 1993
Words:263
Previous Article:DISCOVERY ZONE OFFERS LYONS
Next Article:MCI EXPANDS AUSTIN OPERATIONS
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters