Safeway Cuts Costs in Sarbanes-Oxley Compliance

SAN DIEGO Sarbanes-Oxley is here to stay, and retailers must adapt to meet its requirements, a Safeway executive said here last week. It's not going to be repealed certainly not under this Congress, Bill Spoehr, vice president, financial compliance, for Safeway, told CUE 2007, the annual conference and user exchange sponsored by Lawson Software, St. Paul, Minn. Sarbanes-Oxley added requirements in

SAN DIEGO — Sarbanes-Oxley is here to stay, and retailers must adapt to meet its requirements, a Safeway executive said here last week.

“It's not going to be repealed — certainly not under this Congress,” Bill Spoehr, vice president, financial compliance, for Safeway, told CUE 2007, the annual conference and user exchange sponsored by Lawson Software, St. Paul, Minn.

Sarbanes-Oxley added requirements in 2002 — in response to accounting scandals at Enron and other corpor

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