Safeway Outlines 3 New Growth Vehicles

Safeway said yesterday it plans to introduce three new growth vehicles to drive 2008 earnings: experimenting with a new store format, monetizing two of its proprietary product lines and leveraging its health care knowledge in a new initiative.

PLEASANTON, Calif. β€” Safeway here said yesterday it plans to introduce three new growth vehicles to drive 2008 earnings: experimenting with a new store format, monetizing two of its proprietary product lines and leveraging its health care knowledge in a new initiative. Speaking at an investors conference, Steve Burd, chairman, president and chief executive officer, did not specify what the new format would be but said it will be β€œan experiment, not a launch.” Published reports earlier this we

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