The company believes it is on the verge of financial revitalization
After losing its way, Safeway believes it has found the right path. Analysts believe it might still have a difficult journey ahead, however. According to Steve Burd, chairman, president and chief executive officer of the Pleasanton, Calif.-based chain, 2009 was “a very difficult year for Safeway and for all of food retail. But we think it was a year we accomplished some very significant things that put us in really good shape for what's going to happen in 2010.” One of the most ...
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