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Safeway among 'World's Most Ethical Companies' for 4th time

2014-03-25 16:28:55| Grocery - Topix.net

This is the fourth time and third consecutive year that Safeway has been recognized by Ethisphere for its commitment to maintaining superior business practices.

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Kroger CFO talks about Safeway deal, growth plans

2014-03-14 13:34:44| Grocery - Topix.net

Kroger Co. CFO Mike Schlotman has been making the rounds, talking to analysts at two diferent investor conferences in two days.

Tags: plans deal growth talks

 
 

Profit of Sobeys owner Empire slump n Q3; revenue soars on Safeway acquisition

2014-03-13 03:03:35| Grocery - Topix.net

Empire Company Ltd. , parent of supermarket chain Sobeys Inc., say net profits fell sharply in the third quarter compared with a year ago even as revenue soared as a result of its acquisition of Canada Safeway stores in Western Canada.

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Safeway sold to Albertsons/Cerberus Capital for $9.4 billion

2014-03-12 21:53:46| Grocery - Topix.net

Safeway management reached a tentative merger agreement with Albertsons LLC, on March 6, ending weeks of speculation.

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Schulte, Latham Lead on $9 Billion Safeway Sale

2014-03-11 07:37:41| Grocery - Topix.net

An investor group led by Cerberus Capital Management has struck a deal to acquire Pleasanton, Calif.-based grocery store chain Safeway for roughly $9 billion in the largest leveraged buyout so far this year.

Tags: sale lead billion latham

 

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