PLEASANTON, Calif. — Safeway here said Friday it expects by the end of 2013 to bring debt ratios back to the levels where they were late last year, when it decided to undertake a temporary shift in financial policy. That shift involved a decision to use incremental leverage for share repurchases at very low interest rates, given the five-year low on the chain's stock price and based on the company's "strong belief" it can grow operating income over the next three ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

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.

Click here to read the FAQ page if you have any questions (opens in a new window)

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.

Already registered? here.