PLEASANTON, Calif. — Safeway is well positioned to grow market share, Robert L. Edwards, executive vice president and chief financial officer, told the chain's annual analysts conference here. Given the fragmented nature of the industry, Safeway sees a significant opportunity to achieve profitable market-share gains “because we think the economic downturn will mean continued store closings and accelerated market rationalization over the next few years,” Edwards said. About 36% of the ...
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