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Safeway, ExxonMobil make gas buying more rewarding
PLEASANTON, Calif. — Safeway is offering its customers the ability to earn reward points redeemable at participating Exxon or Mobil gas stations.
"Safeway listens to its shoppers, and we understand the importance of stretching grocery dollars," said Mir Aamir, president of customer loyalty and digital technologies at Safeway. "By teaming up with ExxonMobil, we're able to thank our customers with a loyalty program that makes two frequent and critical purchases lead to real savings."
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Safeway rises on speculation of buyout interest
New York -- Shares of Safeway Inc. shares rose as much as 9% on Wednesday on rumors of increased buyout interest for its Canada operations by Canadian grocer Metro Inc. and Loblaw Companies Ltd.
On Tuesday, Metro announced it was selling off nearly half its stake in Couche-Tard Inc. for $482 million.
In December, Loblaw announced plans to spin off the vast majority of its property assets into a real estate investment trust.