SAFEWAY TARGETS SHRINK REDUCTION

PLEASANTON, Calif. - Safeway here said last week it expects to continue to reduce shrink by applying additional best practices to the center store.Speaking with analysts last week to discuss the company's strong financial results for the first quarter that ended March 25, Steve Burd, chairman, president and chief executive officer, said one of the chain's divisions, which he did not identify, "outshines

PLEASANTON, Calif. - Safeway here said last week it expects to continue to reduce shrink by applying additional best practices to the center store.

Speaking with analysts last week to discuss the company's strong financial results for the first quarter that ended March 25, Steve Burd, chairman, president and chief executive officer, said one of the chain's divisions, which he did not identify, "outshines the others [in terms of shrink control in the center of the store], and we are tr

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