PLEASANTON, Calif. — Safeway here said yesterday it believes savings from ongoing cost reductions that it invests in lower prices will enable it to grow earnings, despite perceptions to the contrary. "We see a lot of opportunities to lower costs and then use what we save to finance price investments," Steve Burd, chairman, president and chief executive officer, said, "and if we get good sales results, as we anticipate, we can grow earnings in 2009 and beyond." Talking with analysts in a ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.