SAFEWAY SET TO EXPAND CAPITAL SPENDING PLAN

OAKLAND, Calif. -- Safeway here said it plans to boost capital spending for new stores and remodels to $550 million in 1996, an increase of nearly 16% over the $475 million it intends to spend this year. The upgraded capital spending budget was disclosed in conjunction with the chain's financial results for the third quarter and 36 weeks ended Sept. 9, which showed increased sales and earnings.The

OAKLAND, Calif. -- Safeway here said it plans to boost capital spending for new stores and remodels to $550 million in 1996, an increase of nearly 16% over the $475 million it intends to spend this year. The upgraded capital spending budget was disclosed in conjunction with the chain's financial results for the third quarter and 36 weeks ended Sept. 9, which showed increased sales and earnings.

The company said it has spent $279 million through the first three quarters of the year to

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