GOLDMAN SACHS GLOBAL RETAILING CONFERENCE

NEW YORK -- Safeway won't be among suitors of Albertsons, which put itself up for sale Sept. 2, Steve Burd said (see SN Albertsons story, Page 1).Safeway's chairman and chief executive said going into new markets would detract the No. 3 supermarket chain from its long-range plan to grow earnings though its store conversion and accompanying brand-building effort."My feeling about acquisitions hasn't

NEW YORK -- Safeway won't be among suitors of Albertsons, which put itself up for sale Sept. 2, Steve Burd said (see SN Albertsons story, Page 1).

Safeway's chairman and chief executive said going into new markets would detract the No. 3 supermarket chain from its long-range plan to grow earnings though its store conversion and accompanying brand-building effort.

"My feeling about acquisitions hasn't changed," Burd said, speaking during the Q&A portion of a presentation la

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