NEW YORK (Reuters) - Safeway Inc SWY on Thursday reported higher second-quarter profit as its sales rose and the grocer said it reduced costs. The company, which operates stores under the Safeway, Vons, and Dominick's names, said net income rose to $234.3 million,...
Grocery store giant Safeway found itself between a rock and a hard place yesterday, and it didn't do a very good job wiggling its way out. Here in San Francisco, there was an event to talk about corporate efforts to reduce smoking. Safeway participated and announced...
Shelley Broader, who transformed Delhaize's moribund Kash n' Karry into the vibrant Sweetbay Supermarket chain, will become president and COO of Michaels Stores, the nation's largest retailer of arts and crafts supplies. Broader follows Michaels CEO Brian Cornell from selling tomatoes and Tide to beads and scrapbook...
Make no mistake: Safeway's house-branded "Eating Right" products are generally healthier than are most processed or frozen foods. But make no mistake about this, either: They aren't health foods. Several of the products are loaded with salt and preservatives, and some contain a surprising number of calories,...
Safeway Aims 'Healthy' Products at Kids, Using Cartoon CharactersThe Concept is HealthiERFor parents who send their little ones off to school after a breakfast of Ho Hos and Dr Pepper, switching to a Bugs Bunny-themed fruit plate or a whole grain-ish cereal could be a revelation. Kroger launched a bunch...
It makes no sense -- how could the FTC file suit to block the Whole Foods-Wild Oats merger? The combined organization wouldn't reach even one-third the size of Safeway, Inc. -- and that's just one among dozens of giant grocery companies. Not to mention Wal-Mart! So where's the disconnect? The...
Safeway sells a lot of groceries, and it buys a lot of energy in the process. Freezers, refrigerators, and air-conditioned stores combine to make the supermarket chain one of the largest energy consumers in California. When the state experienced an energy crisis in 2000, Safeway had to rethink how it...
Strong sales at Marks & Spencer on Jersey helped drive growth at CI Traders, the Channel Islands grocery retail business, which has revealed it is still in talks over a possible takeover. CI Trader's turnover rose 1.7% year-on-year to 138.7m [pounds sterling] in the...
WASHINGTON -- Walgreen Co. and several other retailers have launched a lawsuit against AstraZeneca PLC in which they accuse the pharmaceutical firm of using illegal tactics to maintain a monopoly over Prilosec despite the fact that the patent for the heartburn medication expired in 2001. ...
BUYOUT BY SAFEWAY: Safeway Inc. has purchased the 43.8% share of Grocery-Works, an online grocery shopping and home delivery service, that was held by British retailer Tesco PLC, which contributed technology and know-how. Safeway operates GroceryWorks in the San Francisco; Sacramento, Calif; Portland, Ore.; Seattle; Phoenix;...
NEW YORK, March 16 /PRNewswire/ -- - Steve Ballmer, CEO of Microsoft Corporation, Chairs Catalyst's Annual Gala Dinner, Drawing More Than 1,500 CEOs and Top Business Leaders At its annual gala dinner, Catalyst presented the 2006 Catalyst Award to...
Union bosses have praised Morrisons for its treatment of store workers in the wake of its acquisition of Safeway The praise--from the Union of Shop, Distributive and Allied Workers Usdaw--comes despite grumbling from disaffected employees on an internet forum for Morrisons workers. Several former...
NEW YORK, January 11 /PRNewswire/ -- - Steve Ballmer, CEO of Microsoft Corporation, to Chair Catalyst's Annual Gala Dinner on March 16, 2006 Capping a year of significant interest in issues relating to women's achievement and advancement in business, Catalyst...
Morrisons has announced the surprise sale of four stores to rival Somerfield. The sale appears unusual as they are former Safeway stores, currently trading under the Morrisons fascia. They comprise two in Edinburgh at Comely Bank and East Craigs, one at Burnside in Glasgow...
Sainsbury will have opened 24 stores in the month leading up to December 25 in a last-minute dash to be ready for the Christmas trading period. The rush comes as Sainsbury begins public consultation on its biggest UK development--a 300m [pounds sterling], 22ha regeneration...
Asda has finally agreed a deal to take over the running of the last Safeway store in Northern Ireland not yet under its control. The store in Downpatrick was bought by local business couple John and Helen Miskelly earlier this month, after Asda refused to...
Asda has stepped up plans for a move into the Irish Republic following last week's decision to abolish the groceries order, which bans below-cost selling. The revelation is likely to come as a further blow for independent retailers, still mourning the loss of the...
It is every store manager's worst nightmare. A customer buys perishable goods from his store weeks after the use-by dates have expired Standards officer is called to investigate and he, too, can buy out-of-date products The store manager lands up in court, facing what...
Development work has recently commenced on a new 72,500 sq ft Asda store in Folkestone. This new unit will be the first Asda store to trade with the majority of its food and non-food offer on the first level. On the ground floor will be a 13,500...
Asda's arrival on the Northern Irish grocery scene is the most significant retailing development in the province since the UK supermarkets first made the move across the Irish Sea in 1996. On October 10 the first three conversions of the 12 former Safeway stores...
