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Safeway announces management change in Seattle Division
Pleasanton, Calif. -- Safeway Inc. said Tuesday that Steve Frisby, president of its Portland division, will assume added responsibility for the company's Seattle division.
Frisby replaces Greg Sparks, who is leaving to pursue another business opportunity.
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Kroger swings to loss in Q4
Cincinnati -- The Kroger Co. reported on Thursday that it posted a loss in the quarter ended Jan. 28, attributing the loss to costs associated with consolidating its pension plan for union workers.
The grocer, which counts among its banners Kroger, Ralphs and Food 4 Less, lost $306.9 million in the quarter, compared with a profit of $278.8 million in the year-ago period.
Total sales in the quarter rose 7.7% to $21.4 billion. Excluding fuel, sales rose 5%. Same-store sales increased 4.9%.