STILL A SAFE BET

PLEASANTON, Calif. -- Can Safeway continue to lead the industry?Safeway achieved some of the industry's most spectacular financial returns through most of the 1990s, but sales have fallen off their industry-leading pace in the last couple of years, earnings expectations have been modified, and observers are expressing a bit more skepticism about the company's ability to outpace the rest of the trade.However,

PLEASANTON, Calif. -- Can Safeway continue to lead the industry?

Safeway achieved some of the industry's most spectacular financial returns through most of the 1990s, but sales have fallen off their industry-leading pace in the last couple of years, earnings expectations have been modified, and observers are expressing a bit more skepticism about the company's ability to outpace the rest of the trade.

However, Steve Burd, Safeway chairman, president and chief executive of

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