NEW YORK — Safeway will scale back on promotional pricing in favor of more “everyday value,” the company said at an investor conference here last week. The retailer was one of several that gave updates at the Bank of America Consumer Conference on their evolving business strategies. “Over the next two years we will be less promotional and provide better everyday value, which is what our cost reduction and process improvement programs are designed to accomplish,” said Steve Burd, chairman, ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access 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’s FREE, 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 granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.