Content about Safeway

December 27, 2013

A national gay-rights organization has given Walgreens top marks for its practices related to gay, lesbian, bisexual and transgender people.

DEERFIELD, Ill. — A national gay-rights organization has given Walgreens top marks for its practices related to gay, lesbian, bisexual and transgender people.

In its 2014 Corporate Equality Index, the Human Rights Campaign Foundation gave the Deerfield, Ill.-based retail pharmacy chain a "perfect" score of 100. 2014 is the ninth year that Walgreens has won a perfect score.

December 19, 2013

The purchase of as many as 10 Dominick's stores may be under consideration by independent grocery chains affiliated with the Centrella cooperative, Crain's Chicago Business reported Thursday, citing sources close to the deal.

CHICAGO — The purchase of as many as 10 Dominick's stores may be under consideration by independent grocery chains affiliated with the Centrella cooperative, Crain's Chicago Business reported Thursday, citing sources close to the deal. 

December 13, 2013

Safeway on Friday announced a comprehensive initiative to make its online grocery shopping website more accessible and usable for Safeway shoppers with visual impairments.

PLEASANTON, Calif. — Safeway on Friday announced a comprehensive initiative to make its online grocery shopping web site more accessible and usable for Safeway shoppers with visual impairments. The site enhancements are the result of collaboration between Safeway and several visually impaired customers.  

Safeway has adopted the Web Content Accessibility Guidelines version 2.0 level AA as its accessibility standard and has already made significant enhancements to its online shopping website to meet this standard and will continue to do so over the next year.

December 11, 2013

Safeway on Tuesday evening announced the appointment of Brian Baer to president of the company's Eastern Division.

PLEASANTON, Calif. — Safeway on Tuesday evening announced the appointment of Brian Baer to president of the company's Eastern Division.

"Brian's proven management skills and experience will serve our customer base well in the Eastern Division," stated Kelly Griffith, Safeway EVP retail operations.

December 6, 2013

Safeway on Friday announced that its board of directors met yesterday and declared a regular quarterly cash dividend of $0.20 per share.

PLEASANTON, Calif. — Safeway on Friday announced that its board of directors met yesterday and declared a regular quarterly cash dividend of $0.20 per share. 

The cash dividend will be payable on Jan. 9 to stockholders of record at the close of business on Dec. 19.

Safeway operates 1,406 stores in the United States and had annual sales of $37.5 billion in 2012.

December 2, 2013

Safeway on Monday announced it has reached a definitive agreement to sell 11 of its Dominick's stores in the Chicago metropolitan area in a cash and lease assumption transaction to Roundy's.

PLEASANTON, Calif. — Safeway on Monday announced it has reached a definitive agreement to sell 11 of its Dominick's stores in the Chicago metropolitan area in a cash and lease assumption transaction to Roundy's. Roundy's will take possession of the stores during a transition period that will take place over the next two months.

The transaction is subject to customary closing conditions. 

November 21, 2013

Safeway on Thursday announced the launch of its Help Us End Hunger (Every Bag Counts) food drive to help make the holidays brighter for people who rely on the assistance of food banks.

PLEASANTON, Calif. — Safeway on Thursday announced the launch of its Help Us End Hunger (Every Bag Counts) food drive to help make the holidays brighter for people who rely on the assistance of food banks.

The company is joining with customers, Kraft, local food banks and broadcast partners to collect food donations at Safeway stores through Christmas. 

To make the donation process easier, a specially produced Every Bag Counts shopping bag filled with the items food banks need the most will be available for $10 at all Safeway stores. 

November 19, 2013

Dr. Pepper Snapple Group will distribute a growing line of all-natural, antioxidant-infused beverages, the maker of the beverages said Tuesday.

HAMILTON, N.J. — Dr Pepper Snapple Group will distribute a growing line of all-natural, antioxidant-infused beverages, the maker of the beverages said Tuesday.

Bai Brands, which makes the Bai 5 line, said the two companies had been working together for the last two years in select markets around the country and will now expand their partnership in most major markets.

November 18, 2013

A bill that would implement federal tracking and tracing of drugs and strengthen federal regulations on pharmacy compounding has passed in the Senate and will go to President Barack Obama for his signature.

NEW YORK — A bill that would implement federal tracking and tracing of drugs and strengthen federal regulations on pharmacy compounding has passed in the Senate and will go to President Barack Obama for his signature.

November 4, 2013

Safeway on Monday announced that it has completed the sale of the net assets of Canada Safeway to Sobeys, a wholly-owned subsidiary of Empire Company.

PLEASANTON, Calif. — Safeway on Monday announced that it has completed the sale of the net assets of Canada Safeway to Sobeys, a wholly-owned subsidiary of Empire Co.

Proceeds from the transaction of $3.8 billion in cash after taxes and expenses and between $400 and $450 million in U.S. tax benefits related to the exit of the Chicago market will be used to pay down $2 billion of debt, with the majority of the remainder to be used to buy back stock. In addition, some of the proceeds may be used to invest in growth opportunities, Safeway reported.

October 30, 2013

Safeway will take over prescriptions from an Oregon grocery store, according to published reports.

NEW YORK — Safeway will take over prescriptions from an Oregon grocery store, according to published reports.

The Albany, Ore., Democrat-Herald reported that Safeway in Albany, Ore., would take over prescription files from Ray's Food Store in North Albany, starting on Thursday.

The owner of Ray's, C&K Market, said earlier this month that it would stop operating the pharmacy, which will close at 4 p.m. Pacific time Wednesday, and Ray's customers have been notified, the newspaper reported.

 

October 29, 2013

Safeway will open a grocery store in the camping area of the Phoenix International Raceway starting next month.

PHOENIX — Safeway will open a grocery store in the camping area of the Phoenix International Raceway starting next month.

PIR president Bryan Sperber said the store would open for the AdvoCare 500 NASCAR Spring Cup Series weekend, which takes place Nov. 8-10, selling snacks and camping essentials.

October 24, 2013

Catalina Health on Thursday announced it will complete installation of all Safeway pharmacies into its retail pharmacy network at the end of November.

ST. PETERSBURG, Fla. — Catalina Health on Thursday announced it will complete installation of all Safeway pharmacies into its retail pharmacy network at the end of November. Safeway will be utilizing Catalina Health pharmacy programs to disseminate information to their customers to encourage prescription medication adherence and compliance and advocate healthy lifestyles.

October 24, 2013

Coupons.com on Thursday announced the appointment of former Safeway executive Mir Aamir as the company’s CFO and COO. He will oversee all financial and accounting functions.

MOUNTAIN VIEW, Calif. — Coupons.com on Thursday announced the appointment of former Safeway executive Mir Aamir as the company’s CFO and COO. He will oversee all financial and accounting functions.  

The roles are presently managed by Richard Hornstein, the company’s CFO and general counsel. Hornstein will continue in the role of general counsel and chief legal officer, a role he has held for the past two-and-a-half years. Aamir, in addition to the finance functions, will also oversee the company’s operations and the international business.

October 24, 2013

Safeway could fetch an asking price of more than $45 per share, estimated Credit Suisse in a research note issued Thursday.

NEW YORK — Safeway could fetch an asking price of more than $45 per share, estimated Credit Suisse in a research note issued Thursday. 

Shares of Safeway were up slightly by 15 cents to $35.73 in early morning trading.

Responding to a Reuters report on private equity firm Cerberus' interest in the supermarket chain, Credit Suisse research analyst Ed Kelly suggested that a Cerberus-Safeway deal would be compelling for the following reasons: 

October 23, 2013

All or part of Safeway may be a target for a possible buyout, according to a Reuters report published Wednesday morning citing people familiar with the matter.

NEW YORK — All or part of Safeway soon may be a target for a possible buyout, according to a Reuters report published Wednesday morning citing people familiar with the matter. 

According to the report, several buyout firms, including Cerberus Capital Management, are exploring a deal for the supermarket chain currently valued at $8 billion. 

October 23, 2013

Safeway on Tuesday afternoon announced that Canada's Competition Bureau has entered into a consent agreement with Sobeys, allowing the parties to proceed with their transaction whereby Sobeys will acquire the net assets of Canada Safeway.

PLEASANTON, Calif. — Safeway on Tuesday afternoon announced that Canada's Competition Bureau has entered into a consent agreement with Sobeys, allowing the parties to proceed with their transaction whereby Sobeys will acquire the net assets of Canada Safeway.  

The parties now expect to close the transaction in early November 2013.

As part of the consent agreement, Sobeys has agreed to divest 23 stores — 13 Canada Safeway stores and 10 Sobeys stores.

October 21, 2013

Park City Group on Monday announced Gary Rocheleau has joined the company as a senior adviser.

SALT LAKE CITY — Park City Group on Monday announced Gary Rocheleau has joined the company as a senior adviser. A retail industry veteran with more than 40 years of experience, Rocheleau will be responsible for developing business solutions, consulting and expanding efforts in the retail channel. 

October 18, 2013

Specialty beverage retailer BevMo! named Douglas J. Ratto as EVP and chief merchant. Ratto will lead the buying, planning, allocations and distribution teams at BevMo!

NEW YORK — Specialty beverage retailer BevMo! named Douglas J. Ratto as EVP and chief merchant. Ratto will lead the buying, planning, allocations and distribution teams at BevMo!

Ratto comes to BevMo! with more than 25 years of retail and marketing management experience. Since 2010, Doug served at Safeway as senior VP, GM of alcohol/tobacco, home care/general merchandise and family care.

 

October 18, 2013

Safeway on Friday announced that its board of directors increased the authorized level of the company's stock repurchase program by $2 billion.

PLEASANTON, Calif. — Safeway on Friday announced that its board of directors increased the authorized level of the company's stock repurchase program by $2 billion. Through the end of the third quarter of 2013, Safeway had approximately $0.8 billion remaining under its previously authorized stock repurchase program.

Safeway's stock repurchase authorization does not have an expiration date, and the timing of repurchases will depend on market conditions. 

October 16, 2013

In looking at the data and insights that are shaping today’s path to purchase one thing is clear — the consumer is in the driver’s seat.

CHICAGO — In looking at the data and insights that are shaping today’s path to purchase one thing is clear — the consumer is in the driver’s seat.

To get a better handle of how to leverage key shopper insights and the multiple channels that influence purchase behavior today, a panel of shopper marketing experts examined how the best in the business are turning information into action at a special breakout session at the Shopper Marketing Expo last week.

October 11, 2013

Safeway on Thursday announced, as part of its plan to exit the Chicago market, it has sold four of its Dominick's stores in the greater Chicago area to New Albertsons, which operates Jewel-Osco grocery stores.

PLEASANTON, Calif. — Safeway on Thursday announced, as part of its plan to exit the Chicago market, it has sold four of its Dominick's stores in the greater Chicago area to New Albertsons, which operates Jewel-Osco grocery stores.  

Safeway announced today that it intends to exit the Chicago market altogether, where it operates 72 Dominick's stores, by early 2014. "We expect to use the cash tax benefit and any other cash proceeds from the disposal of Dominick's properties to buy back stock and to invest in growth opportunities," the company stated.

October 11, 2013

Safeway on Thursday evening may have posted what analysts have described as disappointing earnings, but that's not stopping Wall Street from recognizing the value Safeway is unlocking with its exit from a pair of markets — Chicago and Canada.

PLEASANTON, Calif. — Safeway on Thursday evening may have posted what analysts have described as disappointing earnings, but that's not stopping Wall Street from recognizing the value Safeway is unlocking with its exit from a pair of markets — Chicago and Canada. After closing at $31.57 Thursday, Safeway's stock was selling at more than $2 higher early Friday afternoon, and at least one analyst has targeted $40 as the potential inherent in Safeway stock. 

October 8, 2013

Independent brewer Craft Brew Alliance gave Safeway one of its Retailer of the Year awards at its inaugural annual conference for beer wholesalers in Las Vegas earlier this week, the company said.

PORTLAND, Ore. — Independent brewer Craft Brew Alliance gave Safeway one of its Retailer of the Year awards at its inaugural annual conference for beer wholesalers in Las Vegas earlier this week, the company said.

CBA said the Retailer of the Year Awards recognize retailers that have contributed to the company's sales growth and demand for its products. Safeway was named the off-premise retailer of the year, while restaurant chain Buffalo Wild Wings was named on-premise retailer of the year.

October 7, 2013

Safeway on Monday announced that both traditional and high-dose influenza vaccines are available nationwide. In addition, those who get a flu vaccine will receive a 10%-off coupon.

PLEASANTON, Calif. — Safeway on Monday announced that both traditional and high-dose influenza vaccines are available nationwide. In addition, those who get a flu vaccine will receive a 10%-off coupon.