SAFEWAY TACKLES CENTRALIZATION

PLEASANTON, Calif. -- Safeway here said it expects to quickly resolve some of the problems that led to its first-quarter earnings shortfall.In a conference call discussing its earnings for the first quarter, Safeway said it is getting a handle on its new centralized procurement strategy and that the worst of its same-store sales declines are behind it. Safeway previously had warned that its first-quarter

PLEASANTON, Calif. -- Safeway here said it expects to quickly resolve some of the problems that led to its first-quarter earnings shortfall.

In a conference call discussing its earnings for the first quarter, Safeway said it is getting a handle on its new centralized procurement strategy and that the worst of its same-store sales declines are behind it. Safeway previously had warned that its first-quarter earnings would be below analysts' forecasts because of problems related to the i

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