Safeway Inc Archives - Just Food
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Safeway Inc

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

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

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

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

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

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

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

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

US: Kroger “interested in Safeway assets”

Kroger reportedly contacted fellow US grocery giant Safeway Inc to indicate its interest in buying part of the business. Two weeks ago, Safeway admitted it was in talks over a…