For:  Homeland Stores, Inc.

Contact:	Homeland						    Contact:	AWG
		Robert Mead (212) 484-6701				Beth Danes
		Lisa Sykes  (405) 557-5549				(913) 321-
1313
													  ext. 
1324


	HOMELAND COMPLETES SALE OF 29 STORES AND WAREHOUSE
	OPERATIONS TO ASSOCIATED WHOLESALE GROCERS

	            


	Announces Appointment of Larry Kordisch as Chief Financial Officer


OKLAHOMA CITY, OK (April 24, 1995) - Homeland Stores, Inc. 
announced today that it has completed its previously announced sale 
of 29 of its stores and its warehouse complex to Associated 
Wholesale Grocers, Kansas City ("AWG").

Under the terms of the sale, AWG paid Homeland $45 million plus 
value of inventory in the warehouse and 29 stores.  Homeland had 
announced an agreement in principle for the transaction with AWG in 
November of 1994 as part of its operational restructuring.

Also as part of the agreement, Homeland entered a strategic 
partnership with AWG - a long-term supply agreement for its 
remaining 75 stores that provides Homeland the lowest prices and 
most favorable terms available through the AWG system on the 
purchase of products and services.

"This is a positive step in Homeland's operational restructuring, 
one which allows us to reduce our debt burden and fixed operating 
costs, " said James Demme, President and Chief Executive Officer of 
Homeland.  "The strategic partnership with AWG makes Homeland more 
competitive by increasing our buying power and allowing us to focus 
on our core business.  We are also able to pass the savings from 
our preferred purchasing relationship on to our customers."

Homeland also said that it has refinanced its bank indebtedness 
with a $25 million credit facility from a consortium of banks led 
by National Bank of Canada.

The Company also announced that Larry Kordisch has been appointed 
Executive Vice President-Finance and Chief Financial Officer, 
Effective May 7, 1995.  The Company said that Mr. Kordisch will 
replace Mark Sellers, who is resigning to pursue other interests, 
as Chief Financial Officer.  Mr Kordisch was most recently 
Executive Vice President of Finance and Administration and Chief 
Financial Officer of Scrivner, Inc.

Mr. Demme said, "I worked with Larry at Scrivner and am pleased 
that he is joining us at Homeland.  He brings a great deal of 
experience and skill to the Company and I look forward to working 
very closely with him."

AWG is the second-largest retailer-owned buying cooperative and the 
fifth largest grocery wholesaler in the country with more than $2.6 
billion in revenues.  AWG has 735 independent retail stores as 
members of its supply cooperative.  The acquisition of the 29 
Homeland stores and Homeland's joining of the AWG cooperative will 
bring that total to 839 in ten states.  With the addition of 
Homeland's sales, AWG's 1995 revenues are expected to exceed $3 
billion.

With 75 stores, Homeland is the leading supermarket chain in 
Oklahoma, southern Kansas and the Texas Panhandle region.