PLEASANTON, Calif. -- Safeway here said it plans to spend more than $950 million in 1998, opening 40 to 45 new stores, remodeling more than 200 stores and completing the construction of its Maryland distribution facility.
sales of $5.49 billion the year prior.
Diluted earnings per share rose by 35% to 85 cents from 63 cents in 1996.
Fourth-quarter same-store sales, not including replacement stores, were up 2.4%. The company did not release a year-to-year same-store