SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 16)*


                           SCHULTZ SAV-O STORES, INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                          Common Stock, $.05 par value
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   808196 10 9
    ------------------------------------------------------------------------
                                 (CUSIP Number)

                                December 31, 1998
    ------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement

Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

                       |_|    Rule 13d-1(b)

                       |_|    Rule 13d-1(c)

                       |X|    Rule 13d-1(d)


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 disclosures provided in a prior cover page.

The information required on 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).

                                Page 1 of 4 Pages



CUSIP Number 808196 10 9


 
  1        NAME OF REPORTING PERSON
           S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
           Howard C. Dickelman

  2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A 
           GROUP (SEE INSTRUCTIONS)                                    (a)   [ ]
                                                                       (b)   [ ]
           Not Applicable

  3        SEC USE ONLY

  4        CITIZENSHIP OR PLACE OF ORGANIZATION

           United States


         NUMBER OF            5       SOLE VOTING POWER

                                      243,360
          SHARES


       BENEFICIALLY           6       SHARED VOTING POWER

                                      -0-
         OWNED BY


           EACH               7       SOLE DISPOSITIVE POWER

                                      243,360
        REPORTING


          PERSON              8       SHARED DISPOSITIVE POWER

                                      -0-
           WITH



 9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
            243,360

10          CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES 
            CERTAIN SHARES (SEE INSTRUCTIONS)                                [ ]
            N/A

11          PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
            3.7%

12          TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
            IN



                               Page 2 of 4 Pages



CUSIP Number 808196 10 9

          This  Amendment  No. 16 to Schedule  13G with regard to Schultz  Sav-O
Stores,  Inc. is being filed on behalf of the undersigned to amend Items 4 and 5
of the originally filed Schedule 13G. Except as expressly  stated herein,  there
have been no material changes in the information set forth in the Schedule 13G.


Item 4.        Ownership (as of December 31, 1998):

               a.   Amount Beneficially Owned:  243,360 shares*

                    *    Includes 300 shares owned directly by Mr. Dickelman.

                    *    Includes 243,060 shares owned by a trust

                    *    Does not include  16,830  shares owned by a trust
                         for the benefit of Mr. Dickelman's wife, of which
                         beneficial  ownership is  disclaimed  pursuant to
                         Rule 13d-4.


               b.   Percent of Class: 3.7%


               c.   Number of shares as to which such person has:


                   (i)   sole power to vote or to direct the vote:  243,360


                   (ii)  shared power to vote or to direct the vote:  0


                   (iii) sole power to dispose or to direct the disposition 
                         of:  243,360


                   (iv)  shared power to dispose or to direct the disposition 
                         of:  0


Item 5.        Ownership of Five Percent or Less of a Class.

               If this  statement  is being  filed to report the fact that as of
               the  date  hereof  the  reporting  person  has  ceased  to be the
               beneficial  owner  of more  than  five  percent  of the  class of
               securities, check the following |X|.



                               Page 3 of 4 Pages



CUSIP Number 808196 10 9



                                    SIGNATURE


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


February 13, 1999 
Date


/s/ Howard C. Dickelman
Howard C. Dickelman


                               Page 4 of 4 Pages