PLEASANTON, Calif. -- Safeway here said it expects to quickly resolve some of the problems that led to its first-quarter earnings shortfall. In a conference call discussing its earnings for the first quarter, Safeway said it is getting a handle on its new centralized procurement strategy and that the worst of its same-store sales declines are behind it. Safeway previously had warned that its first-quarter earnings would be below analysts' forecasts because of problems related to the ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.