PLEASANTON, Calif. — Safeway plans to become more aggressive in opening new stores now that its lifestyle remodeling effort is nearly complete, Steve Burd, chairman, president and chief executive officer, said here Tuesday.
Speaking to analysts at the company's annual investors conference, Burd said Safeway expects to open 26 new stores this year — the highest number in the last four years, he noted — and to complete 30 remodels, at a cost of $1 billion. That compares with $800 million ...
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