PLEASANTON, Calif. — Safeway here said yesterday identical-store sales for the second quarter ended June 20 were negative — the first time in 18 quarters IDs have fallen into the negative range.
ID sales, excluding fuel sales and the shift of Easter to the second quarter, declined 2.2%; with Easter sales included, IDs were down 1.5%.
Steve Burd, chairman, president and chief executive officer, said the chain was lowering its ID sales guidance for the year to a range of negative 1% to ...
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