Steve Burd, chairman, president and CEO, said he believes Just for U will be the primary growth vehicle for Safeway’s core business over the next few years. More
With five quarters of increasing identical-store sales on the books, Steve Burd is a relaxed man. The chairman and chief executive officer of Safeway was so laid back at the chain's annual meeting in May that he asked for compliments along with questions — and he got them. More
PLEASANTON, Calif. —Steve Burd, chairman and chief executive officer of Safeway here, has sent a letter of apology to Secretary of State Hillary Clinton and former Speaker of the House Nancy Pelosi for a joke the chain's general counsel made at last week's annual meeting, according to published reports....More
WEST SACRAMENTO, Calif. — Despite a strike authorization vote last week by one of its subsidiaries, Raley's here said contract talks overseen by a federal mediator will resume Wednesday, with another meeting scheduled for Friday....More
PLEASANTON, Calif. — Safeway was putting out fires on two fronts this week — saying it is reviewing the suspension of an employee who stopped a male customer from kicking his pregnant girlfriend and, separately, issuing a statement from its general counsel apologizing for a joke he made at the chain's annual meeting last week....More
Safeway, Kroger Co. and Supervalu closed dozens more traditional stores than they opened last year, according to documents filed with the Securities and Exchange Commission, continuing a trend that has seen them collectively shed hundreds of locations in recent years. At the same time, operators at both the high and low end — including Supervalu’s Save-A-Lot discount banner — have continued adding new stores and remain committed to aggressive expansion....More
PLEASANTON, Calif. — Safeway’s search for its next chef concluded this week when Dave Histed was named winner of the chain’s three-month-long competition. Chefs from across the country competed for a full-time position with Safeway Culinary Kitchens and the chance to have their recipe sold as an Open Nature Skillet Meal in Safeway stores....More
DENVER — Around 15,000 workers at King Soopers, Safeway, Albertsons, Smith Foods and City Market stores in Colorado and Wyoming have ratified a two-year contract extension, United Food and Commercial Workers Local 7 here said Wednesday....More
NEW YORK — Estimated multi-employer pension-plan funding shortfalls will weaken the financial leverage metrics of U.S. supermarkets, but most companies’ debt ratings will not be affected, Moody’s said Tuesday....More
