Safeway Seen Poised For Ongoing Growth

Safeway's newly outlined growth vehicles should help it sustain sales and earnings growth for the next several years as long as consumer spending doesn't slip according to industry analysts. Safeway earlier this month said it plans to introduce three growth vehicles in 2008: a new store format; an effort to sell its O Organics and Eating Right brands to other companies; and

PLEASANTON, Calif. — Safeway's newly outlined growth vehicles should help it sustain sales and earnings growth for the next several years — as long as consumer spending doesn't slip — according to industry analysts.

Safeway here earlier this month said it plans to introduce three growth vehicles in 2008: a new store format; an effort to sell its O Organics and Eating Right brands to other companies; and a health care-related business that leverages the chain's knowledge and exp

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