Robert Edwards has made his mark quickly as the new chief executive officer of Safeway with the pending sale of the chain’s Canadian assets — announced less than a month after his promotion to succeed Steve Burd. Safeway, based in Pleasanton, Calif., said in mid-June it plans to sell its 223 stores and 12 manufacturing facilities in Canada to Sobeys for $5.7 billion (U.S.) — a deal that would seem to imply a more shareholder-friendly approach to corporate governance, ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
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 a complimentary copy of SN's salary survey sent to you by email.
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.