SAFEWAY: ACQUISITIONS SPUR SALES AND EARNINGS

PLEASANTON, Calif. -- Safeway here said last week the acquisition of Dominick's and Carr-Gottstein Foods helped boost sales and earnings for the second quarter and the 24 weeks ended June 19.or the half.Comparable-store sales rose 1.5% for the quarter; the company did not release a comp-store sales figure for the year to date.Safeway acquired Dominick's, Northlake, Ill., in November and Carr-Gottstein,

PLEASANTON, Calif. -- Safeway here said last week the acquisition of Dominick's and Carr-Gottstein Foods helped boost sales and earnings for the second quarter and the 24 weeks ended June 19.

or the half.

Comparable-store sales rose 1.5% for the quarter; the company did not release a comp-store sales figure for the year to date.

Safeway acquired Dominick's, Northlake, Ill., in November and Carr-Gottstein, Anchorage, Alaska, in April.

During the first two quarters of 1999, Safeway said, the company invested $425.1 million in capital expenditures to open 20 new stores, while closing 21; the company said it expects to spend about $1.2 billion through the balance of the year to open 55 to 60 new stores and complete about 250 remodelings.