Safeway Open to New Retail Formats

Given the broad geographic swath it cuts across the U.S. and Canada, Safeway is about prospects for new formats, Robert Edwards, executive vice president and chief financial officer, said last week though he did not provide specifics. He said the Pleasanton, Calif.-based company could introduce new formats once it has completed upgrading its store base to lifestyle formats over the next

NEW YORK — Given the broad geographic swath it cuts across the U.S. and Canada, Safeway is “optimistic” about prospects for new formats, Robert Edwards, executive vice president and chief financial officer, said here last week — though he did not provide specifics.

He said the Pleasanton, Calif.-based company could introduce new formats once it has completed upgrading its store base to lifestyle formats over the next two years.

Speaking at the annual Morgan Stanley Glob

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