PLEASANTON, Calif. — Safeway here is considering putting its Canadian assets into a real estate investment trust (REIT), according to reports. The company told investors it was exploring the move as investors and analysts have been speculating about the potential sale of the division, which includes 222 stores, mostly in Western Canada, generating $6.6 billion in annual sales. Loblaw Cos., Canada’s largest traditional supermarket chain, recently unveiled plans to put about 35 ...
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.