Safeway Inc

Food industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

CANADA: Agropur in plants-and-supply deal with Sobeys

9 Jul 2014

Canadian dairy co-op Agropur has struck deals to buy four plants from - and supply a range of products to - Sobeys, one of the country's largest retailers.

US: Whole Foods buys Arizona, California stores from New Frontiers Natural Marketplace

2 Apr 2014

Whole Foods Market is to buy four stores from local US retailer New Frontiers Natural Marketplace.

Talking shop: Albertsons owner seeks strength in scale with Safeway buy

20 Mar 2014

Changing consumer behaviour is having a transformational impact on the US food and food retail sectors, as consumers alter where they shop and what they buy. The growing popularity of non-traditional channels has resulted in a jump in consolidation. Traditional supermarkets are seeking strength through scale, as evidenced by the deal that could see Albertsons owner Cerberus take control of Safeway. Dean Best reports.

Editor's choice: the highlights on just-food this week

10 Mar 2014

Sugar again grabbed the headlines after the World Health Organization revised its guidance on how much of the ingredient to consume. Elsewhere, a US retailer with over 2,400 stores could be created after Albertsons owner and private-equity firm Cerberus Capital Management struck a deal that looks set to see it buy Safeway.

Quote, unquote: just-food's week in words

10 Mar 2014

This week Unilever was gain rumoured to be looking to sell a food brand - this time Ragu pasta sauces. UK group Premier Foods announced a new refinancing package, while in the US, a mega-merger in the retail sector is on the cards, after Albertsons owner and private-equity firm Cerberus Capital Management struck a deal to buy Safeway.

US: Albertsons owner Cerberus to buy Safeway

7 Mar 2014

US grocery giant Safeway has agreed to a takeover bid from private-equity firm Cerberus Capital Management, the owner of chains including Albertsons, Acme and Jewel-Osco.

US: PE firm Cerberus "eyes US$9bn deal for Safeway"

6 Mar 2014

Private-equity firm Cerberus Capital Management is reportedly working on a US$9bn takeover bid for US retail giant Safeway Inc.

US: Kroger "interested in Safeway assets"

4 Mar 2014

Kroger reportedly contacted fellow US grocery giant Safeway Inc to indicate its interest in buying part of the business.

UPDATE: US: Roundy's targets accelerated growth with Safeway acquisition

3 Dec 2013

US regional supermarket operator Roundy's Inc hopes to accelerate its expansion in the Chicago area through a deal to acquire 11 Dominick's stores from Safeway Inc for US$36m.

US: Safeway sells 11 Dominick's stores to Roundy's

3 Dec 2013

Safeway Inc has reached an agreement to sell 11 of its Dominick's stores in Chicago to Roundy's Inc.

US: Annie's eyes snacks expansion through factory deal

12 Nov 2013

US natural and organic food firm Annie's could look to boost its snacks production after buying a plant owned by retail giant Safeway Inc.

CANADA: Sobeys to sell stores to gain Safeway deal OK

24 Oct 2013

Canadian retailer Sobeys has agreed to sell 23 stores in order to gain competition clearance for its acquisition of Safeway Inc's business in the country.

US: PE firm Cerberus "mulling move for Safeway"

23 Oct 2013

Cerberus Capital Management, the US private-equity firm that acquired a chunk of Supervalu's business earlier this year, is reportedly weighing up a move for another US grocer, Safeway.

UPDATE: US: Safeway secures sale of four Chicago stores

11 Oct 2013

Safeway Inc has secured the sale of four of its Dominick's stores in Chicago to New Albertsons Inc for an undisclosed sum.

US: Safeway to exit Chicago as profits fall

11 Oct 2013

Safeway Inc has revealed mounting losses and said it will exit Chicago - where its business is losing money - in order to increase its focus on core operations.

Talking shop: What's next for a Burkle-led Fresh & Easy?

19 Sep 2013

Ron Burkle, the US billionaire investor who is to take on the bulk of Tesco's US Fresh & Easy arm, has said he believes the loss-making business gives his Yucaipa fund a base upon which to build. But it is not yet clear what his plans are. Dean Best looks at what could be next.

US: Safeway uses poison pill to to avert takeover

18 Sep 2013

US retailer Safeway has moved to block a potential hostile takeover by investment vehicle Jana Partners, LLC.

US: Safeway upbeat despite H1 sales side

19 Jul 2013

US retailer Safeway struck an upbeat note in its first-half results, released yesterday (18 July), despite a dip in sales and profits.

CANADA: FY sales, profits up at retailer Sobeys

27 Jun 2013

Canadian grocer Sobeys saw sales and profits increase in its last financial year, the company's owner, Empire Co., reported today (27 June).

US: MOM Brands launches instant steel cut oatmeal

18 Jun 2013

MOM Brands has expanded its Better Oats range with the launch of three steel cut instant oatmeal varieties under the brand's Oat Revolution line.

Editor's choice: the highlights on just-food last week

17 Jun 2013

The latest just-food interview saw the boss of Nestle's business in Greater China discuss the food giant's strategy in the market and why he believed the world's largest food manufacturer had the edge on its rivals in the region. It was a week of a number of notable pieces of M&A, including Canadian retailer Sobeys' move to buy Safeway Inc's business in Canada and JBS's deal to acquire Seara Brasil from local meat rival Marfrig.

In the spotlight: Sobeys joy but questions for Safeway

14 Jun 2013

Canada's second-largest grocer Sobeys has swooped to buy the local business of US supermarket giant Safeway. Sobeys has paid a full price for Safeway's Canadian arm but, writes Dean Best, the market was broadly positive and agreed with the company's optimism. For Safeway, however, the sale does leave some questions.

CANADA/US: Sobeys to buy Safeway's Canadian arm

13 Jun 2013

Canadian food retailer Sobeys is to acquire Safeway Inc's business in the country.

Talking shop: Amazon's fresh step in fledgling US online grocery

13 Jun 2013

Amazon has made another stride in taking on US food retailers with the roll out of its fresh grocery business into the second most populous city in the US, Los Angeles. The move is sure to make other players in the market sit up and take notice but will it be enough to really shake up the US online grocery channel and give it the much needed boost it requires? Michelle Russell takes a look.

Comment: Amazon looks to take bigger bite of online grocery

6 Jun 2013

Online retail giant Amazon is said to be preparing to take on the well-established US food market with a major roll-out of its fresh grocery business, a move that could make other players sit up and take notice.

US: Overhill: Bellisio sale "best path" for investors

16 May 2013

The CEO of US frozen-food firm Overhill Farms has said the sale of the business to peer Bellisio Foods is the best way to maximise value for shareholders.

US: Frozen-food firm Bellisio to buy peer Overhill Farms

15 May 2013

US frozen-food Bellisio Foods has struck a deal to buy Overhill Farms to boost its stable of branded and own-label items.

US: Safeway Q1 profit climbs, sales dip

26 Apr 2013

US retailer Safeway Inc has recorded an increase in first-quarter earnings, despite a dip in sales.

The week ahead: ABF H1s; Unilever, Hershey, Premier Q1s

22 Apr 2013

A raft of companies report to the market next week, including UK-based food group Associated British Foods, which is set to unveil its half-year results. Data for the first quarter of 2013 will continue to come in, with Unilever, Hershey and Premier Foods plc among those set to publish numbers.

US: Safeway forecasts 2013 profit ahead of consensus

7 Mar 2013

US retailer Safeway Inc has forecast financial results for 2013 ahead of Wall Street expectations.





Forgot your password?