Wall Street analysts said they are expecting big things from Safeway — but not until after its merger with Albertsons later this year. Most saw the company’s first-quarter results as disappointing. “Safeway’s merger with Albertsons may be an issue of strategic necessity,” Ajay Jain, an analyst with Cantor Fitzgerald, New York, said, “[and] Cerberus may have its work cut out. “Safeway’s operating margin of around 70 basis points in the first ...

Subscribe to digital access - Register for Premium Account

Why Subscribe To SN Digital Access?

Digital Access gives you unlimited online access to our most premium news and analysis such as Safeway seen in need of help. This includes in-depth stories and insights from our team of editors and guest writers as well as free eNewsletters, blogs, real-time polls, archives and more. 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 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.

Already registered? here.