Safeway deal seen driving efficiencies

Safeway deal seen driving efficiencies

“With all those stores coming together, there should be huge gains in logistics, purchasing and overhead economies, leading to greater efficiencies.” —CHUCK CERANKOSKY, Northcoast Research

The proposed merger of Safeway and Albertsons could benefit from Safeway’s consumer-data analytics and strong brands and enable Safeway able to strengthen its West Coast base, analysts told SN.

Safeway has agreed to be acquired for approximately $9 billion by AB Acquisition Co. a consortium led by Cerberus Capital Management, New York. The deal is expected to be consummated by the end of 2014, resulting in a company with 2,400 stores and volume approaching $60 billion.

All access premium subscription

Why Subscribe To SN Digital Access?

Digital Access gives you unlimited online access to our most premium news and analysis such as October 2016. This includes in-depth stories and insights from our team of editors and guest writers as well as free eNewsletters, blogs, real-time polls, archives and more. In addition you will also receive complimentary access to the SN salary survey data tables.

Questions about your account or how to access content?
Contact: Desiree Torres [email protected]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.