PLEASANTON, Calif. — Safeway here believes it is well positioned to benefit from an improvement in the economy, given its newly achieved price parity with other conventional chains, its distinct points of differentiation and the condition of its asset base, Steve Burd, chairman, president and chief executive officer, told an investors conference here Wednesday today. The company is "continuing to build momentum" through the first quarter, he added, with eight of its nine U.S. divisions ...

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