Safeway Accelerates New-Store Investment

PLEASANTON, Calif. — Safeway here plans to become more aggressive in opening new stores now that its lifestyle remodeling effort is nearly complete, Steve Burd, chairman, president and chief executive officer, said here last week. The chain also hopes to build on the sales momentum it established in 2010 by increasing purchases among its most loyal customers, despite inflationary price increases, he

PLEASANTON, Calif. — Safeway here plans to become more aggressive in opening new stores now that its lifestyle remodeling effort is nearly complete, Steve Burd, chairman, president and chief executive officer, said here last week.

The chain also hopes to build on the sales momentum it established in 2010 by increasing purchases among its most loyal customers, despite inflationary price increases, he said.

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