EDELMAN CUTS LUCKY STORES <LKS> STAKE TO 4.8 PCT A group led by New York investor Asher Edelman said he lowered its stake in Lucky Stores Inc <LKS> to 1,827,734 shares, or 4.8 pct of the total outstanding common stock, from 1,930,734 shares, or 5.1 pct. In a filing with the Securities and Exchange Commission, the Edelman group said it sold 103,000 Lucky Stores common shares on March 9 and 10 at prices ranging from 28.625 to 30.375 dlrs a share. So long as Edelman's stake is below five pct he is not required to report his dealings in Lucky Stores stock.