HECHINGER CO, SC 13G/A, 1995-12-11

HECHINGER CO
SC 13G/A, 1995-12-11
LUMBER & OTHER BUILDING MATERIALS DEALERS

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<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 11 )*
------

HECHINGER COMPANY
----------------------------------
(Name of Issuer)

Class B Common Stock, par value $.10 per share
-----------------------------------------------------------
(Title of Class of Securities)

422 660 100
----------------------------------
(CUSIP Number)

Check the following box if a fee is being paid with this statement / /. (A
fee is not required only if the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)

*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).

(Continued on following page(s))

Page 1 of 40 Pages
---

<PAGE>

CUSIP No. 422660100 13G Page 2
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

John W. Hechinger
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 10,138,834**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 1,983,339**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
10,138,834**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
88.0%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 3
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

June R. Hechinger
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 1,983,339**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,983,339**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
17.2%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 4
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

John W. Hechinger, Jr.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 10,138,834**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 3,317,047**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
10,138,834**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 5
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Deborah Hechinger
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 3,317,047**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
3,317,047**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
28.8%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 6
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Jamie A. Hechinger Trust
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
Not Applicable
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 30,000**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
30,000**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
less than 1.0% **
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
OO
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 7
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Kathryn J. Hechinger Trust
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
less than 1.0%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
OO
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.
<PAGE>

CUSIP No. 422660100 13G Page 8
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

John A. Hechinger Trust
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
less than 1.0%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
OO
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 9
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

S. Ross Hechinger
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 10,138,834**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 3,317,047**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
10,138,834**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 10
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Susan L. Hechinger
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 3,317,047**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
3,317,047**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 11
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
The Nancy Hechinger Lowe Revocable Trust
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
Not Applicable
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 3,072,409**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
3,072,409**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
26.7%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
OO
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 12
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Nancy Hechinger Lowe
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 3,093,890**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
3,093,890**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
26.9%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 13
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Peter E. Lowe
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 3,093,890**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
3,093,890**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 14
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Sally Hechinger Rudoy
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 3,093,890**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
3,093,890**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 15
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Peter Rudoy
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 3,093,890**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
3,093,890**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 16
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

June Limited Partnership
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
Maryland
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 2,601,229**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
2,601,229**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
22.6%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 17
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

JARSAN Associates Limited Partnership
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
Maryland
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 215,330**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
215,330**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
1.9%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 18
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Richard England
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 1,284,521**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,284,521**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
11.2%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 19
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Lois H. England
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 1,284,521**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,284,521**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 20
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Richard England, Jr.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 1,983,507**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,983,507**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 21
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Diana England
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 1,983,507**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,983,507**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 22
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Joan England Akman
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 1,412,655**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,412,655**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
12.3%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 23
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Larry A. Akman
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 1,412,655**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,412,655**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 24
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Catherine S. England
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 67,025**
--------------------------------------------------
(8) Shared Dispositive
Power 1,386,455**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,453,480**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
12.6%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 25
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Isham Peugh
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 6,715**
--------------------------------------------------
(8) Shared Dispositive
Power 0**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
6,715**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
less than 1.0%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 26
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Lois Associates Limited Partnership
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
Maryland
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 1,786,455*
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
1,786,455**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
15.5%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 27
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

CARAN Associates Limited Partnership
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
Maryland
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 15,330**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
15,330**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
less than 1.0%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

CUSIP No. 422660100 13G Page 28
--------- ---

- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons

Hechinger Family Trust
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) /x/
of a Group* (b) / /
- -------------------------------------------------------------------------------
(3) SEC Use Only

- -------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
Not Applicable
- -------------------------------------------------------------------------------
Number of Shares (5) Sole Voting
Beneficially Power 0**
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting
Person With Power 0**
--------------------------------------------------
(7) Sole Dispositive
Power 0**
--------------------------------------------------
(8) Shared Dispositive
Power 444,171**
- -------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
444,171**
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
3.9%**
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
OO
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!

**For additional information, see Schedule A and the footnotes thereto.

<PAGE>

Page 29

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
__________________________________

SCHEDULE 13G

__________________________________

ITEM 1(A). NAME OF ISSUER.

Hechinger Company

ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES.

The address of the issuer's principal executive offices is 3500
Pennsy Drive, Landover, Maryland 20785.

ITEMS 2(A). NAME OF PERSON FILING.

The following members of the family of John W. Hechinger and entities
wholly owned by members of such family are filing this Amendment No. 11 to
Schedule 13G (this "Amendment"): John W. Hechinger, June R. Hechinger, John W.
Hechinger, Jr., Deborah Hechinger, Jamie A. Hechinger Trust, Kathryn J.
Hechinger Trust, John A. Hechinger Trust, S. Rose Hechinger, Susan L. Hechinger,
The Nancy Hechinger Lowe Revocable Trust, Nancy Hechinger Lowe, Peter E. Lowe,
Sally Hechinger Rudoy, Peter W. Rudoy, June Limited Partnership and JARSAN
Associates Limited Partnership. The following members of the family of
Richard England and entities wholly owned by members of such family are
filing this Amendment: Richard England, Lois H. England, Richard England, Jr.,
Diana England, Larry A. Akman, Joan England Akman, Catherine S. England,
Lois Associates Limited Partnership and CARAN Associates Limited Partnership.
Isham Peugh, formerly the spouse of Catherine S. England, is also filing
this Amendment. In addition, the Hechinger Family Trust is filing this
Amendment.

ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE AND, IF NONE, RESIDENCE.

The principal business office of each natural person and other entity
named in Item 2(a) above is 3500 Pennsy Drive, Landover, Maryland 20785.

ITEM 2(C). CITIZENSHIP.

Each natural person filing this Amendment is a citizen of the United
States. Each of Lois Associates Limited Partnership, CARAN Associates Limited
Partnership, June Limited Partnership and JARSAN Associates Limited Partnership
is a limited partnership organized under the laws of the State of Maryland.
Item 2(c) is not applicable to the Hechinger Family Trust, The Nancy Hechinger
Lowe Revocable Trust, Jamie A. Hechinger Trust, Kathryn J. Hechinger Trust and
John A. Hechinger Trust.

ITEM 2(D). TITLE OF CLASS OF SECURITIES.

Class B Common Stock, par value $.10 per share.

ITEM 2(E). CUSIP NUMBER.

422 660 100

ITEM 3. Unchanged.

ITEM 4. OWNERSHIP.

(a) Amount Beneficially Owned:

See Schedule A.

<PAGE>

Page 30
(b) Percent of Class:

See Schedule A.

(c) Number of shares as to which each person filing this Amendment
has (i) sole power to vote or direct the vote; (ii) shared power to vote
or direct the vote; (iii) sole power to dispose or direct the
disposition; or (iv) shared power to dispose or direct the disposition:

See Schedule A.

ITEMS 5, 6 and 7. Unchanged.

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

See Schedule A.

ITEMS 9 and 10. Unchanged.

SIGNATURE

After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.

November 27, 1995

/s/ John W. Hechinger
-----------------------------
John W. Hechinger*

/s/ Joan England Akman
-----------------------------
Joan England Akman**

<PAGE>

Page 31

_______________

* John W. Hechinger is executing this Amendment on his own behalf and
as Attorney-in-Fact on behalf of the following reporting persons: June R.
Hechinger, John W. Hechinger, Jr., Deborah Hechinger, Jamie A. Hechinger
Trust, Kathryn J. Hechinger Trust, John A. Hechinger Trust, S. Ross
Hechinger, Susan L. Hechinger, The Nancy Hechinger Lowe Revocable Trust,
Nancy Hechinger Lowe, Peter E. Lowe, Sally Hechinger Rudoy, Peter Rudoy,
June Limited Partnership, JARSAN Associates Limited Partnership and the
Hechinger Family Trust.

** Joan England Akman is executing this Amendment on her own behalf and as
Attorney-in-Fact on behalf of the following reporting persons: Lois H. England,
Richard England, Diana England, Richard England, Jr., Larry A. Akman, Catherine
S. England, Lois Associates Limited Partnership, CARAN Associates Limited
Partnership, Isham Peugh, and the Hechinger Family Trust.

The relevant Powers of Attorney appointing Attorneys-in-Fact on behalf of
the Jamie A. Hechinger Trust, the Kathryn J. Hechinger Trust, and the
John A. Hechinger Trust are filed herewith. The other relevant Powers of
Attorney are incorporated by reference to Amendments Nos. 6 and 7 to the
Schedule 13G relating to the issuer's Class B Common Stock, which amendments
were filed with the Securities and Exchange Commission on September 26, 1990
and February 14, 1991, respectively.

<PAGE>

Page 32

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS THAT:

Each of the undersigned hereby (i) revokes any prior power of attorney
of the undersigned relating to the subject matter hereof and (ii) constitutes
and appoints each of John W. Hechinger, John W. Hechinger, Jr., and S. Ross
Hechinger as such undersigned's true and lawful attorney-in-fact and agent
(each, a "Hechinger Attorney-in-Fact"), with full power of substitution, for and
on behalf of such undersigned and in such undersigned's name, plaace and stead,
in any capacity, to sign, execute and file this Amendment to the Schedule 13G
originally filed with the Securities and Exchange Commission ("SEC") on
September 14, 1979 (the "Schedule 13G") and any subsequent amendment to the
Schedule 13G, including any exhibit and schedule to this Amendment or any such
amendment, with the SEC, or any stock exchange, corporation or other entity,
granting to each Hechinger Attorney-in-Fact full power and authority
to do and perform each and every act and thing necessary or desirable
to be done or performed in order to fully effectuate the same, and
hereby ratifying and confirming all that each Hechinger Attorney-in-Fact,
or his substitute, may lawfully do or cause to be done by virtue hereof.

This Power of Attorney may be executed in counterparts, each of which shall
constitute an original but all of which, taken together, shall constitute but
one instrument.

Dated: November 27, 1995

JAMIE A. HECHINGER TRUST

By: /s/ Deborah Hechinger
-----------------------------------
Deborah Hechinger
Trustee

KATHRYN J. HECHINGER TRUST

By: /s/ Deborah Hechinger
-----------------------------------
Deborah Hechinger
Trustee

JOHN A. HECHINGER TRUST

By: /s/ Deborah Hechinger
-----------------------------------
Deborah Hechinger
Trustee

<PAGE>

Page 33

SCHEDULE A

BENEFICIAL OWNERSHIP OF CLASS B SHARES

In the following table, each reference to the percentage of Class B Shares
beneficially owned by a reporting person is calculated using (i) the
Class B Shares outstanding on December 31, 1994 and (ii) the number of Class B
Shares beneficially owned by such reporting person for purposes of this
Amendment as of December 31, 1994. The footnotes to the following table
describe, among other things, the extent to which each reporting person
disclaims beneficial ownership of the Class B Shares set forth opposite such
reporting person's name in such table.

Aggregate Number of Class B Shares as to
Number of Percentage Which Reporting Person Has
Class B of --------------------------
Shares Outstanding Sole Shared Sole Shared
Beneficially Class B Power to Power to Power to Power to
Reporting Person 1/ Owned Shares Vote Vote Dispose Dispose
- ------------------- ----- ------ ---- ---- ------- --------
<S> <C> <C> <C> <C> <C> <C>

John W. Hechinger 2/ 10,138,834 88.0% 0 10,138,834 0 1,983,339

June R. Hechinger 3/ 1,983,339 17.2% 0 0 0 1,983,339

John W. Hechinger, Jr. 4/ 10,138,834 88.0% 0 10,138,834 0 3,317,047

Deborah Hechinger 5/ 3,317,047 28.9% 0 0 0 3,317,047

Jamie A. Hechinger 30,000 * 0 0 0 30,000
Trust 6/

Kathryn J. Hechinger 30,000 * 0 0 0 30,000
Trust 7/

John A. Hechinger 30,000 * 0 0 0 30,000
Trust 8/

S. Ross Hechinger 9/ 10,138,834 88.0% 0 10,138,834 0 3,317,047

Susan L. Hechinger 10/ 3,317,047 28.9% 0 0 0 3,317,047

The Nancy Hechinger
Lowe Revocable Trust 11/ 3,072,409 26.7% 0 0 0 3,072,409

Nancy Hechinger Lowe 12/ 3,093,890 26.9% 0 0 0 3,093,890

Peter E. Lowe 13/ 3,093,890 26.9% 0 0 0 3,093,890

</TABLE>

<PAGE>

Page 34

Sally Hechinger Rudoy 14/ 3,093,890 26.9% 0 0 0 3,093,890

Peter Rudoy 15/ 3,093,890 26.9% 0 0 0 3,093,890

June Limited
Partnership 16/ 2,601,229 22.6% 0 0 0 2,601,229

Jarsan Associates
Limited Partnership 17/ 215,330 1.9% 0 0 0 215,330

Richard England 18/ 1,284,521 11.2% 0 0 0 1,284,521

Lois H. England 19/ 1,284,521 11.2% 0 0 0 1,284,521

Richard England, Jr. 20/ 1,983,507 17.2% 0 0 0 1,983,507

Diana England 21/ 1,983,507 17.2% 0 0 0 1,983,507

Joan England Akman 22/ 1,412,655 12.3% 0 0 0 1,412,655

Larry A. Akman 23/ 1,412,655 12.3% 0 0 0 1,412,655

Isham Peugh 24/ 6,715 * 0 0 6,715 0

Catherine S. England 25/ 1,453,480 12.6% 0 0 67,025 1,386,455

Lois Associates
Limited Partnership 26/ 1,386,455 12.0% 0 0 0 1,386,455

Caran Associates
Limited Partnership 27/ 15,330 * 0 0 0 15,330

Hechinger Family
Trust 28/ 444,171 3.9% 0 0 0 444,171

</TABLE>

* Less than 1.0%

As of December 31, 1994, the reporting persons beneficially owned an aggregate
of 10,138,834 Class B Shares, representing 88.0% of the Class B Shares
outstanding on December 31, 1994.

<PAGE>

Page 35

FOOTNOTES

1/ The numbers and percentages of Class B Shares shown in the table as
beneficially owned by the reporting persons reflect multiple counting of Class B
Shares to the extent that beneficial ownership thereof is attributable to more
than one reporting person in accordance with Rule 13d-3 under the Securities
Exchange Act of 1934. For example, each of John W. Hechinger, John W.
Hechinger, Jr., and S. Ross Hechinger (each, a "Voter") is deemed to
beneficially own the 10,138,834 Class B Shares which the Voters hold a proxy to
vote pursuant to a voting agreement with members of the Hechinger and England
families and entities controlled by such families. As an additional example,
the 2,601,229 Class B Shares held directly by June Limited Partnership are all
deemed to be beneficially owned by (a) each of The Nancy Hechinger Lowe
Revocable Trust and Sally Hechinger Rudoy, as a general partner of June Limited
Partnership, (b) each of John W. Hechinger, Jr., and S. Ross Hechinger, as a
general partner of June Limited Partnership and a Voter, (c) each of Deborah
Hechinger, Susan L. Hechinger and Peter Rudoy, as the spouse of a general
partner of June Limited Partnership, (d) Nancy Hechinger Lowe, as the sole
trustee of The Nancy Hechinger Lowe Revocable Trust, (e) Peter E. Lowe, as the
spouse of the sole trustee of The Nancy Hechinger Lowe Revocable Trust, and (f)
John W. Hechinger, as a Voter.

2/ The number and percentage of Class B Shares shown in the table as
beneficially owned by John W. Hechinger include the 10,138,834 Class B Shares
which, together with John W. Hechinger, Jr., and S. Ross Hechinger, John W.
Hechinger holds a proxy to vote pursuant to a voting agreement among members of
the England and Hechinger families and entities controlled by them.

The number of Class B Shares shown in the table as to which John W.
Hechinger shares dispositive power includes (a) the 1,152,836 Class B Shares
held directly by John W. Hechinger and (b) the 340,586 Class B Shares held by
the Hechinger Family Trust for the primary benefit of the Hechinger family.
John W. Hechinger and Lois H. England are the only trustees of the Hechinger
Family Trust. John W. Hechinger disclaims beneficial ownership of all shares so
held by the Hechinger Family Trust. For additional information regarding the
Hechinger Family Trust, see footnote 28.

The number of Class B Shares shown in the table as to which John W.
Hechinger shares dispositive power also includes the 489,917 Class B Shares held
directly by his spouse, June R. Hechinger. John W. Hechinger disclaims
beneficial ownership of such Class B Shares.

3/ The number and percentage of Class B Shares shown in the table as
beneficially owned by June R. Hechinger include (a) the 489,917 Class B Shares
held directly by June R. Hechinger and (b) the 1,493,422 Class B Shares as to
which her spouse, John W. Hechinger, shares dispositive power as described in
the first sentence of the second paragraph of footnote 2 above. June R.
Hechinger disclaims beneficial ownership of such 1,493,422 Class B Shares.

4/ The number and percentage of Class B Shares shown in the table as
beneficially owned by John W. Hechinger, Jr., include the 10,138,834 Class B
Shares which, together with John W. Hechinger and S. Ross Hechinger, John W.
Hechinger, Jr., holds a proxy to vote pursuant to a voting agreement among
members of the England and Hechinger families and entities controlled by them.

The number of Class B Shares shown in the table as to which John W.
Hechinger, Jr., shares dispositive power includes (a) the 376,566 Class B Shares
held directly by John W. Hechinger, Jr., (b) the 2,601,229 Class B Shares held
by June Limited Partnership, as to which John W. Hechinger, Jr., a general
partner of June Limited Partnership, shares dispositive power with The Nancy
Hechinger Lowe Revocable Trust, S. Ross Hechinger and Sally Hechinger Rudoy, the
only other general partners of June Limited Partnership, and (c) the 215,330
Class B Shares held by JARSAN Associates, as to which John W. Hechinger, Jr., a
managing general partner of JARSAN Associates, shares dispositive power with S.
Ross Hechinger, the only other managing general partner of JARSAN Associates.

<PAGE>

Page 36

John W. Hechinger, Jr., disclaims beneficial ownership of all shares held by
June Limited Partnership and JARSAN Associates except to the extent of his
partnership interests in such entities.

In addition, the number of Class B Shares shown in the table as to
which John W. Hechinger, Jr., shares dispositive power includes (i) the 9,365
Class B Shares held by John W. Hechinger, Jr., as custodian for Kathryn J.
Hechinger, (ii) the 9,365 Class B Shares held by John W. Hechinger, Jr., as
custodian for Jamie A. Hechinger and (iii) the 9,365 Class B Shares held by John
W. Hechinger, Jr., as custodian for John A. Hechinger. John W. Hechinger, Jr.,
disclaims beneficial ownership of all shares held by him as custodian for
Kathryn J. Hechinger, Jamie A. Hechinger or John A. Hechinger.

The number of Class B Shares shown in the table as to which John W.
Hechinger, Jr. shares dispositive power also incudes the 5,827 Class B Shares
held directly by his spouse, Deborah Hechinger and the 90,000 Class B Shares
held by her as trustee. John W. Hechinger, Jr., disclaims beneficial
ownership of all such Class B Shares.

5/ The number and percentage of Class B Shares shown in the table as
beneficially owned by Deborah Hechinger include (a) the 5,827 Class B Shares
held directly by Deborah Hechinger, (b) the 30,000 Class B Shares held by
Deborah Hechinger, as trustee of the Jamie A. Hechinger Trust, (c) the 30,000
Class B Shares held by Deborah Hechinger as trustee of the Kathryn J. Hechinger
Trust, (d) the 30,000 Class B Shares held by Deborah Hechinger as trustee of
the John A. Hechinger Trust, and (e) the 3,221,220 Class B Shares as to which
her spouse, John W. Hechinger, Jr., shares dispositive power as described in
the second and third paragraphs of footnote 4 above. Deborah Hechinger
disclaims beneficial ownership of such 30,000, 30,000, 30,000 and 3,221,220
Class B Shares.

6/ Deborah Hechinger is the sole trustee of the Jamie A. Hechinger Trust.

7/ Deborah Hechinger is the sole trustee of the Kathryn J. Hechinger Trust.

8/ Deborah Hechinger is the sole trustee of the John A. Hechinger Trust.

9/ The number and percentage of Class B Shares shown in the table as
beneficially owned by S. Ross Hechinger include the 10,138,834 Class B Shares
which, together with John W. Hechinger and John W. Hechinger, Jr., S. Ross
Hechinger holds a proxy to vote pursuant to a voting agreement among members of
the England and Hechinger families and entities controlled by them.

The number of Class B Shares shown in the table as to which S. Ross
Hechinger shares dispositive power includes (a) the 471,180 Class B Shares held
directly by S. Ross Hechinger and (b) the 2,601,229 Class B Shares held by June
Limited Partnership, as to which S. Ross Hechinger, a general partner of June
Limited Partnership, shares dispositive power with John W. Hechinger, Jr., The
Nancy Hechinger Lowe Revocable Trust and Sally Hechinger Rudoy, the only other
general partners of June Limited Partnership, and (c) the 215,330 Class B Shares
held by JARSAN Associates, as to which S. Ross Hechinger, a managing general
partner of JARSAN Associates, shares dispositive power with John W. Hechinger,
Jr., the only other managing general partner of JARSAN Associates. S. Ross
Hechinger disclaims beneficial ownership of all shares held by June Limited
Partnership or JARSAN Associates except to the extent of his partnership
interests in such entities.

In addition, the number of Class B Shares shown in the table as to
which S. Ross Hechinger shares dispositive power includes (i) the 7,827 Class B
Shares held by S. Ross Hechinger as custodian for Scott R. Hechinger, (ii) the
7,827 Class B Shares held by S. Ross Hechinger as custodian for Matthew S.
Hechinger and (iii) the 7,827 Class B Shares held by S. Ross Hechinger as
custodian for Amanda F. Hechinger. S. Ross Hechinger disclaims beneficial
ownership of all shares held by him as custodian for Scott R. Hechinger, Matthew
S. Hechinger or Amanda F. Hechinger.

The number of Class B Shares shown in the table as to which S. Ross
Hechinger shares dispositive power also includes the 5,827 Class B Shares held
directly by his spouse, Susan L. Hechinger. S. Ross Hechinger disclaims
beneficial ownership of such Class B Shares.

10/ The number and percentage of Class B Shares shown in the table as
beneficially owned by Susan L. Hechinger include (a) the 5,827 Class B Shares
held directly by Susan L. Hechinger and (b) the 3,311,220 Class B Shares as to
which her spouse, S. Ross Hechinger, shares dispositive power as described in
the second and third paragraphs of footnote 9 above. Susan L. Hechinger
disclaims beneficial ownership of such 3,311,220 Class B Shares.

<PAGE>

Page 37

11/ The number and percentage of Class B Shares shown in the table as
beneficially owned by The Nancy Hechinger Lowe Revocable Trust include (a) the
471,180 Class B Shares held directly by The Nancy Hechinger Lowe Revocable Trust
and (b) the 2,601,229 Class B Shares held by June Limited Partnership, as to
which The Nancy Hechinger Lowe Revocable Trust, a general partner of June
Limited Partnership, shares dispositive power with John W. Hechinger, Jr., S.
Ross Hechinger and Sally Hechinger Rudoy, the only other general partners of
June Limited Partnership. The Nancy Hechinger Lowe Revocable Trust disclaims
beneficial ownership of all shares held by June Limited Partnership except to
the extent of its partnership interest in June Limited Partnership. Nancy
Hechinger Lowe is the sole trustee of The Nancy Hechinger Lowe Revocable Trust.

12/ The number and percentage of Class B Shares shown in the table as
beneficially owned by Nancy Hechinger Lowe include (a) the 471,180 Class B
Shares held directly by The Nancy Hechinger Lowe Revocable Trust, of which Nancy
Hechinger Lowe is the sole trustee and (b) the 2,601,229 Class B Shares held by
June Limited Partnership, as to which The Nancy Hechinger Lowe Revocable Trust,
a general partner of June Limited Partnership, shares dispositive power with
John W. Hechinger, Jr., S. Ross Hechinger and Sally Hechinger Rudoy, the only
other general partners of June Limited Partnership. Nancy Hechinger Lowe
disclaims beneficial ownership of all shares held by June Limited Partnership
except to the extent of the partnership interest of The Nancy Hechinger Lowe
Revocable Trust in June Limited Partnership.

In addition, the number and percentage of Class B Shares shown in the
table as beneficially owned by Nancy Hechinger Lowe include (i) the 7,827 Class
B Shares held by Nancy Hechinger Lowe as custodian for Alexis H. Vlack and (ii)
the 7,827 Class B Shares held by Nancy Hechinger Lowe as custodian for Molly E.
Lowe. Nancy Hechinger Lowe disclaims beneficial ownership of all shares held by
her as custodian for Alexis H. Vlack or Molly E. Lowe.

The number and percentage of Class B Shares shown in the table as
beneficially owned by Nancy Hechinger Lowe also include the 5,827 Class B Shares
held directly by her spouse, Peter E. Lowe. Nancy Hechinger Lowe disclaims
beneficial ownership of such 5,827 Class B Shares.

13/ The number and percentage of Class B Shares shown in the table as
beneficially owned by Peter E. Lowe include (a) the 5,827 Class B Shares held
directly by Peter E. Lowe and (b) the 3,088,063 Class B Shares beneficially
owned by his spouse, Nancy Hechinger Lowe, as described in the first two
paragraphs of footnote 12 above. Peter E. Lowe disclaims beneficial ownership
of such 3,088,063 Class B Shares.

14/ The number and percentage of Class B Shares shown in the table as
beneficially owned by Sally Hechinger Rudoy include (a) the 471,180 Class B
Shares held directly by Sally Hechinger Rudoy and (b) the 2,601,229 Class B
Shares held by June Limited Partnership, as to which Sally Hechinger Rudoy, a
general partner of June Limited Partnership, shares dispositive power with John
W. Hechinger, Jr., S. Ross Hechinger and The Nancy Hechinger Lowe Revocable
Trust, the only other general partners of June Limited Partnership. Sally
Hechinger Rudoy disclaims beneficial ownership of all shares held by June
Limited Partnership except to the extent of her partnership interest in June
Limited Partnership.

In addition, the number and percentage of Class B Shares shown in the
table as beneficially owned by Sally Hechinger Rudoy include (i) the 7,827 Class
B Shares held by Sally Hechinger Rudoy as custodian for Jesse N. Rudoy and (ii)
the 7,827 Class B Shares held by Sally Hechinger Rudoy as custodian for Charles
H. Rudoy. Sally Hechinger Rudoy disclaims beneficial ownership of all shares
held by her as custodian for Jesse N. Rudoy or Charles H. Rudoy.

The number and percentage of Class B Shares shown in the table as
beneficially owned by Sally Hechinger Rudoy also include the 5,827 Class B
Shares held directly by her spouse, Peter Rudoy. Sally Hechinger Rudoy
disclaims beneficial ownership of such Class B Shares.

15/ The number and percentage of Class B Shares shown in the table as
beneficially owned by Peter Rudoy include (a) the 5,827 Class B Shares held

<PAGE>

Page 38

directly by Peter Rudoy and (b) the 3,088,063 Class B Shares beneficially
owned by his spouse, Sally Hechinger Rudoy, as described in the first two
paragraphs of footnote 14 above. Peter Rudoy disclaims beneficial ownership
of such 3,088,063 Class B Shares.

16/ The number and percentage of Class B Shares shown in the table as
beneficially owned by June Limited Partnership include the 2,601,229 Class B
Shares held directly by June Limited Partnership. As a general matter,
dispositive power over all such Class B Shares is exercised by a majority in
number of its general partners. However, a disposition of securities having an
aggregate present value of more than $500,000 must be approved by partners
owning not less than two-thirds of the outstanding partnership interests in June
Limited Partnership. The only general partners of June Limited Partnership are
John W. Hechinger, Jr., The Nancy Hechinger Lowe Revocable Trust, S. Ross
Hechinger and Sally Hechinger Rudoy, and the only other partners of June Limited
Partnership are John W. Hechinger and June R. Hechinger.

17/ The number and percentage of Class B Shares shown in the table as
beneficially owned by JARSAN Associates include the 215,330 Class B Shares
held directly by JARSAN Associates. As a general matter, dispositive power over
all such Class B Shares is exercised by its managing general partners. However,
a disposition of securities which constitutes a disposition of all or
substantially all the assets of JARSAN Associates must be approved by all the
partners of JARSAN Associates. The only managing general partners of JARSAN
Associates are John W. Hechinger, Jr., and S. Ross Hechinger, and the only other
partners of JARSAN Associates are The Nancy Hechinger Lowe Revocable Trust and
Sally Hechinger Rudoy.

18/ The number and percentage of Class B Shares shown in the table as
beneficially owned by Richard England include (a) the 590,468 Class B Shares
held directly by Richard England and (b) the 694,053 Class B Shares
beneficially owned by his spouse, Lois H. England, as described in the first
paragraph of footnote 19 below. Richard England disclaims beneficial ownership
of such 694,053 Class B Shares.

19/ The number and percentage of Class B Shares shown in the table as
beneficially owned by Lois H. England include (a) the 590,468 Class B Shares
held directly by Lois H. England and (b) the 103,585 Class B Shares held by the
Hechinger Family Trust for the primary benefit of the England family. Lois H.
England and John W. Hechinger are the only trustees of the Hechinger Family
Trust. Lois H. England disclaims beneficial ownership of all shares so held by
the Hechinger Family Trust. For additional information regarding the Hechinger
Family Trust, see footnote 28.

The number and percentage of Class B Shares shown in the table as
beneficially owned by Lois H. England also include the 590,468 Class B Shares
held directly by her spouse, Richard England. Lois H. England disclaims
beneficial ownership of such 590,468 Class B Shares.

20/ The number and percentage of Class B Shares shown in the table as
beneficially owned by Richard England, Jr., include (a) the 581,722 Class B
Shares held directly by Richard England, Jr., (b) the 1,386,455 Class B Shares
held by Lois Associates, as to which Richard England, Jr., a general partner of
Lois Associates, shares dispositive power with Joan England Akman and Catherine
S. England, the only other general partners of Lois Associates, and (c) the
15,330 Class B Shares held by CARAN Associates, as to which Richard England,
Jr., a managing general partner of CARAN Associates, shares dispositive power
with Joan England Akman, the only other managing general partner of CARAN
Associates. Richard England, Jr., disclaims beneficial ownership of all shares
held by Lois Associates or CARAN Associates except to the extent of his
partnership interests in such entities.

21/ The number and percentage of Class B Shares shown in the table as
beneficially owned by Diana England include the 1,983,507 Class B Shares
beneficially owned by her spouse, Richard England, Jr., as described in footnote
20 above. Diana England disclaims beneficial ownership of such 1,983,507 Class
B Shares.

22/ The number and percentage of Class B Shares shown in the table as
beneficially owned by Joan England Akman include (a) the 1,386,455 Class B
Shares held by Lois Associates, as to which Joan England Akman, a general

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partner of Lois Associates, shares dispositive power with Richard England, Jr.,
and Catherine S. England, the only other general partners of Lois Associates,
and (b) the 15,330 Class B Shares held by CARAN Associates, as to which Joan
England Akman, a managing general partner of CARAN Associates, shares
dispositive power with Richard England, Jr., the only other managing general
partner of CARAN Associates. Joan England Akman disclaims beneficial ownership
of all shares held by Lois Associates or CARAN Associates except to the extent
of her partnership interests in such entities.

In addition, the number and percentage of Class B Shares shown in the
table as beneficially owned by Joan England Akman include (i) the 6,715 Class B
Shares held by Joan England Akman as custodian for Sara England Akman, (ii) the
3,005 Class B Shares held by Joan England Akman as custodian for Jonathan
England Akman and (iii) the 1,150 Class B Shares held by Joan England Akman as
custodian for Alex England Akman. Joan England Akman disclaims beneficial
ownership of all shares held by her as custodian for Sara England Akman,
Jonathan England Akman or Alex England Akman.

23/ The number and percentage of Class B Shares shown in the table as
beneficially owned by Larry A. Akman include the 1,412,655 Class B Shares
beneficially owned by his spouse, Joan England Akman, as described in footnote
22 above. Larry A. Akman disclaims beneficial ownership of such 1,412,655 Class
B Shares.

24/ The number and percentage of Class B Shares shown in the table as
beneficially owned by Isham Peugh include the 6,715 Class B Shares held
directly by Isham Peugh. The number and percentage of Class B Shares shown in
the table as beneficially owned by Isham Peugh do not include the Class B Shares
beneficially owned by his former spouse, Catherine S. England, as described in
the first two paragraphs of footnote 22 below. The divorce of Catherine S.
England and Isham Peugh became final on November 21, 1992.

25/ The number and percentage of Class B Shares shown in the table as
beneficially owned by Catherine S. England include (a) the 59,160 Class B
Shares held directly by Catherine S. England, (b) the 6,715 Class B Shares held
by Catherine S. England as custodian for Evan Peugh and (c) the 1,150 Class B
Shares held by Catherine S. England as custodian for Ryan Peugh. Catherine S.
England disclaims beneficial ownership of all shares held by her as custodian
for Evan Peugh or Ryan Peugh.

In addition, the number and percentage of Class B Shares shown in the
table as beneficially owned by Catherine S. England include the 1,386,455 Class
B Shares held by Lois Associates, as to which Catherine S. England, a general
partner of Lois Associates, shares dispositive power with Richard England, Jr.,
and Joan England Akman, the only other general partners of Lois Associates.
Catherine S. England disclaims beneficial ownership of all shares held by Lois
Associates except to the extent of her partnership interest in Lois Associates.

The number and percentage of Class B Shares shown in the table as
beneficially owned by Catherine S. England do not include the Class B Shares
beneficially owned by her former spouse, Isham Peugh, as described in footnote
21 above. The divorce of Catherine S. England and Isham Peugh became final on
November 21, 1992.

26/ The number and percentage of Class B Shares shown in the table as
beneficially owned by Lois Associates include the 1,386,455 Class B Shares
held directly by Lois Associates. As a general matter, dispositive power over
all such Class B Shares is exercised by a majority in number of its general
partners. However, a disposition of securities having an aggregate present
value of more than $500,000 must be approved by partners owning not less than
two-thirds of the outstanding partnership interests in Lois Associates. The
only general partners of Lois Associates are Richard England, Jr., Joan England
Akman and Catherine S. England.

27/ The number and percentage of Class B Shares shown in the table as
beneficially owned by CARAN Associates include the 15,330 Class B Shares held
directly by CARAN Associates. As a general matter, dispositive power over all
such Class B Shares is exercised by its managing general partners.

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However, a disposition of securities which constitutes a disposition of all or
substantially all the assets of CARAN Associates must be approved by all the
partners of CARAN Associates. The only managing general partners of CARAN
Associates are Richard England, Jr., and Joan England Akman, and the only other
partner of CARAN Associates is Catherine S. England.

28/ The number and percentage of Class B Shares shown in the table as
beneficially owned by the Hechinger Family Trust include the 444,171 Class B
Shares held directly by the Hechinger Family Trust. Although the Hechinger
Family Trust is one trust, it is divided into two distinct and separate shares,
one share for the primary benefit of the Hechinger family and one share for the
primary benefit of the England family. Accordingly, for the purposes of the
table and the footnotes thereto, the beneficial ownership of the Class B Shares
held directly by the Hechinger Family Trust for the primary benefit of the
Hechinger family is allocated to John W. Hechinger, a trustee of the Hechinger
Family Trust, and the beneficial ownership of the Class B Shares held directly
by the Hechinger Family Trust for the primary benefit of the England family is
allocated to Lois H. England, the only other trustee of the Hechinger Family
Trust, notwithstanding that, administratively, the consent of both trustees is
required for any disposition of shares by the Hechinger Family Trust.