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Sobeys

  • Supervalu focuses on ‘8 Plays to Win’ strategy

    MINNEAPOLIS — Supervalu on Tuesday reported first-quarter fiscal 2012 net sales of $11.1 billion (down 3.7%, versus last year) and net earnings of $74 million (up 10.4%), or 35 cents per diluted share. Posted net earnings beat the analyst consensus of 33 cents per diluted share.

  • Food ranking reflects PFresh progress

    Appearing at number 21 on this year’s ranking of the 50 most powerful people in the food industry is Target chairman, president and CEO Gregg Steinhafel. Compiled by Supermarket News, Steinhafel is probably ranked about where he should be considering the company’s position in the hierarchy of food retailers and other people in positions of power whose actions influence impacts the food universe. Click here to view the list.

  • Safeway sees sales and income boost in Q2

    PLEASANTON, Calif. — Safeway Inc. reported net income of $145.8 million, or 41 cents per diluted share, for the second quarter of 2011 compared with $141.3 million, or 37 cents per diluted share for the second quarter of 2010.

    The company reported that total sales increased 7.1% to $10.2 billion in the second quarter of 2011 from $9.5 billion in the second quarter of 2010. Identical-store sales, excluding fuel saw a 0.5% increase.

  • Safeway profit up in Q2, on track to open 26 new stores

    Pleasanton, Calif. -- Safeway reported Thursday that net income for the second quarter rose to $145.8 million from $141.3 million in the year-ago period, helped by rising prices and gas sales.

    Total sales increased 7.1% to $10.2 billion from $9.5 billion.

  • Safeway raises more than $10.1 million for prostate cancer research

    PLEASANTON, Calif. — Safeway on Monday announced that its monthlong prostate cancer campaign raised nearly $10.1 million as part of the company’s ongoing effort to fund research geared toward finding a cure for the leading cancer affecting men.

  • President of Safeway's Dominick's division resigns

    PLEASANTON, Calif. — Safeway announced Thursday that the president of its Chicago-area Dominick’s Finer Foods division, Don Keprta, has resigned.

    “Don has contributed significantly to the Dominick’s stores. His commitment and innovation helped the stores evolve to best serve the Chicagoland customers. We are fortunate that he has produced a team that is prepared to continue to build on our current momentum,” said chairman, president and CEO Steve Burd.

  • Dominick’s president resigns

    Pleasanton, Calif.— Safeway Inc. announced that the president of its Chicago-area Dominick’s Finer Foods division, Don Keprta, has resigned. Brian Baer, Dominick’s CFO and VP of finance, will assume the role of acting president of Dominick’s.

  • Market Track: June 2011

    Overall, the number of inserts and pages declined slightly across the retailer set in June 2011 versus June 2010.

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