Content about Economic history

June 16, 2014

Safeway Inc. has entered into a memorandum of understanding to settle the consolidated class action pending in Delaware state court filed on behalf of alleged Safeway stockholders against Safeway in connection with Safeway's proposed merger with an affiliate of AB Acquisition LLC.

June 2, 2014

Australian supermarket chain Woolworths is deploying technology from Galleria to enhance promotional merchandising operations.

April 15, 2014

Safeway Inc. has completed the distribution to its stockholders of 37.8 million shares of Class B common stock of Blackhawk Networks Holdings Inc. owned by Safeway.

April 11, 2014

Safeway Inc. has received a request for additional information and documents from the Federal Trade Commission ("FTC") in connection with the FTC's review of the previously announced agreement and plan of merger among Safeway and Albertson’s.

March 28, 2014

Safeway Inc. on Friday said that no other bidders have emerged during the 21-day “go-shop” period following the announcement of its agreement to be acquired by AB Acquisition, the parent of Albertsons.

March 7, 2014

Cerberus Capital Managament, which owns Albertsons, won the bid for Safeway.

March 7, 2014

Supervalu directors Mark Neporent and Lenard Tessler have stepped down from the company’s board of directors as a result of Cerberus-owned Albertsons’ deal to acquire Safeway.

February 20, 2014

Safeway Inc. is exploring a sale of the company as it reports substantial increases in net income due to its exit from the Canadian market, and smaller increases in net sales for the fourth quarter and fiscal year 2014.

February 19, 2014

Digital coupon provider VisibleBrands has added former Procter & Gamble VP Jan Murley to its board of directors, while former Safeway Stores board member Rebecca Stirn was added to the company’s advisory council.

February 14, 2014

Sobey’s Inc. has entered binding purchase and sale agreements with Overwaitea Food Group and Federated Co-operatives Limited that will see Sobeys sell 22 of the 23 stores it is required to divest as part of its consent agreement with the Competition Bureau related to its purchase of Canada Safeway.

February 4, 2014

Whole Foods Market has acquired leases from Safeway Inc. for seven locations formerly operated as Dominick's stores.

January 8, 2014

Safeway and Giant Eagle are rolling out the inMarket Mobile to Mortar iBeacon location sensing platform at more than 150 grocery stores in Seattle, San Francisco, and Cleveland, with additional retailers and markets launching in the coming months.

December 13, 2013

Safeway has made its online grocery shopping website more accessible and usable for Safeway shoppers with visual impairments.

December 11, 2013

Safeway has appointed Brian Baer to president of the company's Eastern Division. Baer joined Safeway in 2001 as VP finance for the company's Phoenix Division.

December 2, 2013

Safeway Inc. announced it has reached a definitive agreement to sell 11 of its Dominick's stores in the Chicago metropolitan area in a cash and lease assumption transaction to Roundy's, Inc.

November 12, 2013

Bettery announced that it has teamed up with Safeway to give consumers a convenient way to adopt reusable household batteries, not only reducing their environmental footprint but also saving them money.

October 24, 2013

Coupons.com Inc. has hired Mir Aamir, former president of loyalty and digital technologies at Safeway Inc., as the company’s COO and CFO.

October 23, 2013

Sobey’s Inc. has signed a consent agreement with the Canadian Competition Bureau allowing it to proceed with the acquisition of substantially all of the assets of Canada Safeway.

October 21, 2013

Supply chain technology vendor Park City Group has named Gary Rocheleau, a 40-year retail industry veteran who most recently served as VP of retail marketing execution for Safeway subsidiary Vons Pavilions, as senior advisor.

October 18, 2013

Specialty beverage retailer BevMo! Named Douglas J. Ratto as executive VP, chief merchant.

October 11, 2013

Safeway Inc. saw its net income plunge 58% from $157 million to $65.8 million during the third quarter of fiscal 2013, amid a software impairment charge, higher theft and lower property gains.

October 11, 2013

Safeway Inc. announced it plans to get rid of its 72 Dominick's stores in the Chicago area, exiting the market in early 2014.

September 17, 2013

Safeway Inc. announced that it has adopted a one-year stockholder rights plan, or a “poison pill,” to discourage an unfriendly takeover.

July 18, 2013

Safeway reported a substantial decline in net income for the second quarter of fiscal 2013 as well as a drop in sales.

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