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CALIFORNIA | LOCAL
February 2, 1985
Safeway Stores Inc. recalled 1-ounce glass jars of its Crown Colony brand garlic powder and 3/4-ounce jars of Crown Colony onion powder Friday after glass fragments were reported discovered in several jars in Northern California. Chain officials said only a few jars of one lot of garlic powder were found to be contaminated, but all bottles of both powders were being withdrawn as a precautionary measure. Customers were asked to return any of each to any Safeway store for a refund.
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BUSINESS
December 15, 2005 | From Bloomberg News
Vons parent Safeway Inc. said Wednesday that profit might rise as much as 15% next year as the grocery company benefited from remodeled stores. Earnings will probably climb to $1.55 to $1.65 a share, Pleasanton, Calif.-based Safeway said in a statement. The company said comparable-store sales would increase about 3% in 2006, exceeding its forecast gain of as much as 2.8% this year. Safeway, the third-largest U.S.
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CALIFORNIA | LOCAL
December 20, 1985 | From Times Wire Services
Robert A. Magowan, the executive credited with making Safeway Stores Inc. the nation's largest and most profitable supermarket chain, died Tuesday after a long illness. He was 82. Magowan managed Safeway, which has annual sales of about $20 billion, from 1955 until he retired as board chairman in 1971. He remained chairman of the company's executive committee until 1979. Magowan was known as a hands-on manager who wrote daily memos. But he made no bones about how he got his job.
BUSINESS
December 17, 2003 | Nancy Cleeland, Times Staff Writer
Several thousand striking and locked-out supermarket workers and their supporters marched to a Pavilions store in Beverly Hills on Tuesday in the largest demonstration since the regional walkout began Oct. 11. The march followed a meeting of United Food and Commercial Workers presidents from about 150 union locals nationwide, who pledged several million dollars for the dwindling supermarket strike funds here. The union also sought to portray its fight with Safeway Inc., Albertsons Inc.
NEWS
November 24, 2000 | From Associated Press
Striking workers at a warehouse stocking Safeway goods plan to step up their action today by picketing outside the grocery chain's stores, rather than encouraging shoppers to boycott the grocer. Many of the 1,600 Teamsters have not formally picketed Safeway because they have no problem with the Pleasanton-based grocery store chain. They are striking against Summit Logistics, the company that runs the warehouse where they work.
BUSINESS
August 30, 1988 | MARTHA GROVES, Times Staff Writer
Vons Cos., after a nearly nine-month wait, on Monday won government approval for its $408-million purchase of Safeway's Southern California food stores, completed the deal and then immediately set about remaking the stores in Vons' image. The El Monte company quickly touted the change in radio commercials Monday and said it had instructed workers in the Safeway stores to begin reducing prices on thousands of grocery items to bring them into line with Vons' pricing.
BUSINESS
June 14, 1986 | JUBE SHIVER Jr., Times Staff Writer
Safeway Stores on Friday vowed to remain independent despite indications by Dart Group that it might attempt to acquire the nation's largest publicly held supermarket chain. Dart Group, a Landover, Md., operator of book retailing and automotive parts businesses, disclosed Thursday that a partnership it controls had acquired 5.9% of Safeway's 61 million common shares outstanding.
BUSINESS
December 6, 1987 | CARLA LAZZARESCHI, Times Staff Writer
For the last several years, Southern California's supermarket wars have been among the fiercest in the nation. The big grocery chains have fought it out with coupons and double coupons; low prices and lower prices. They've bragged about price surveys by hired accountants. They have built new and bigger stores and have revived their old ones. They have added row after row of exotic fruits and vegetables. You now can buy sushi, pasta and $25 flower arrangements along with Cheerios and Tide.
BUSINESS
August 16, 1985
Safeway Stores, Oakland, elected Donald B. Pennington a vice president. He is general manager of the Little Rock, Ark., retail division.
BUSINESS
February 7, 2003 | From Bloomberg News
Slumping supermarket operator Safeway Inc. on Thursday reported a fourth-quarter loss of $1.05 billion, reflecting continuing problems from the acquisitions of major grocery chains in Texas and Illinois. The net loss of $2.37 a share contrasted with net income of $353.6 million, or 70 cents, a year earlier. Sales rose less than 1% to $10 billion from $9.92 billion. Pleasanton, Calif.
BUSINESS
July 10, 2001 | From Reuters
Safeway Inc., the No. 3 U.S. grocery chain, reported Monday that its second-quarter earnings met expectations, but disappointing same-store results caused its stock to drop 7%. Pleasanton, Calif.-based Safeway, which owns the Vons and Pavilions chains, said earnings in its fiscal quarter ended June 16 were $325.1 million, or 63 cents per diluted share, excluding a charge of $30.1 million, or 4 cents per share, for a change in accounting for online store GroceryWorks.com. That compared with $280.
BUSINESS
June 26, 2001 | From Reuters
Britain's biggest grocer, Tesco, said Monday that it will pay $22 million for a stake in Safeway Inc.'s online outlet, GroceryWorks.com, to get a toehold in the world's largest home-shopping market. In return, Safeway's GroceryWorks would benefit from the know-how that has made Tesco.com the world's biggest and only profitable online grocer, the two firms said in a statement.
NEWS
November 24, 2000 | From Associated Press
Striking workers at a warehouse stocking Safeway goods plan to step up their action today by picketing outside the grocery chain's stores, rather than encouraging shoppers to boycott the grocer. Many of the 1,600 Teamsters have not formally picketed Safeway because they have no problem with the Pleasanton-based grocery store chain. They are striking against Summit Logistics, the company that runs the warehouse where they work.
NEWS
April 2, 1994 | Associated Press
A sex-discrimination suit against Safeway's 216 Northern California stores has been settled for $5 million, Safeway and lawyers for a group of women announced Friday. The settlement also requires Safeway to set goals for increasing the number of female managers and to change the salary structure that encouraged women to stay in predominantly female departments, said attorney Jack Lee. The settlement is subject to a federal judge's approval. The suit, filed in U.S.
BUSINESS
August 30, 1988 | MARTHA GROVES, Times Staff Writer
Vons Cos., after a nearly nine-month wait, on Monday won government approval for its $408-million purchase of Safeway's Southern California food stores, completed the deal and then immediately set about remaking the stores in Vons' image. The El Monte company quickly touted the change in radio commercials Monday and said it had instructed workers in the Safeway stores to begin reducing prices on thousands of grocery items to bring them into line with Vons' pricing.
BUSINESS
September 11, 1986
SSI Holdings, formed by Kohlberg Kravis Roberts & Co. to acquire Safeway Stores, said its subsidiary, SSI Acquisition, had purchased 45 million shares of the common stock that were tendered as of Sept. 6. That completed the first phase of KKR's $4.25-billion leveraged buyout. Shareholders of remaining Safeway shares will receive debentures with a market value of $61.60 and a warrant valued at $7.40 that entitles the holder to buy stock in the new company that will own Safeway.
BUSINESS
December 15, 1987 | HARRY BERNSTEIN
The jobs of an unknown number of Safeway's 11,300 workers in Southern California have been put at risk by the latest financial maneuver of an investment firm that was perhaps overgenerously dubbed a "white knight" last year when it rescued the grocery chain from the clutches of some alleged "greenmailers." The impact of the white knight's rescue effort has been profitable for those who own or manage the company. But, in the long run, consumers may lose.
BUSINESS
December 6, 1987 | CARLA LAZZARESCHI, Times Staff Writer
For the last several years, Southern California's supermarket wars have been among the fiercest in the nation. The big grocery chains have fought it out with coupons and double coupons; low prices and lower prices. They've bragged about price surveys by hired accountants. They have built new and bigger stores and have revived their old ones. They have added row after row of exotic fruits and vegetables. You now can buy sushi, pasta and $25 flower arrangements along with Cheerios and Tide.
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