SAFEWAY PLANS AGGRESSIVE EXPANSION

DENVER (FNS) -- Record sales, significant cost reductions and rising profit margins have spurred Safeway into an aggressive expansion mode.xecutive officer, told shareholders at the company's annual meeting here.All told, Safeway expects to spend $425 million in capital improvements this year "or more if we can find good projects," Burd said.Burd cited several factors behind the company's optimism:

DENVER (FNS) -- Record sales, significant cost reductions and rising profit margins have spurred Safeway into an aggressive expansion mode.

xecutive officer, told shareholders at the company's annual meeting here.

All told, Safeway expects to spend $425 million in capital improvements this year "or more if we can find good projects," Burd said.

Burd cited several factors behind the company's optimism:

ยท Safeway has led all competing public supermarket opera

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