Safeway's asset
Safeway

@safeway.com

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About

Description

Safeway is a supermarket chain in the United States that offers a wide range of groceries and household products. It was founded in 1915 by Marion Barton Skaggs in American Falls, Idaho. The company's headquarters is currently located in Pleasanton, California.


Safeway operates more than 900 stores across the United States, making it one of the largest supermarket chains in the country. The company offers a variety of products including fresh produce, meat, seafood, bakery items, deli products, dairy, frozen foods, and pharmacy services. It also operates fuel stations and provides home delivery and online shopping services.


While Safeway primarily operates in the United States, it has some global presence through strategic partnerships and subsidiaries. In 2014, Safeway was acquired by Albertsons Companies, forming one of the largest supermarket chains in the United States. Albertsons Companies operates several other well-known supermarket brands such as Vons, Jewel-Osco, Shaw's, and Tom Thumb.


This acquisition expanded Safeway's reach and offered synergy in terms of purchasing power and supply chain optimization. In terms of market position, Safeway is a significant player in the supermarket industry. It competes with other major supermarket chains like Kroger, Walmart, and Costco.


In terms of global sales, Safeway's revenue reached about $59 billion in 2019, showcasing its strong presence in the market. Over the years, Safeway has undergone various changes and implemented strategic initiatives to support its growth. Notably, the acquisition by Albertsons Companies brought about increased economies of scale and operational efficiencies.


Safeway has continuously focused on diversifying its product offerings to cater to consumers' changing needs and preferences. As of the latest updates, Safeway continues to operate under the umbrella of Albertsons Companies. The company remains committed to providing quality products and services to its customers and adapting to the evolving retail landscape.


Safeway has also implemented several measures to ensure the safety of its employees and customers during the COVID-19 pandemic. In conclusion, Safeway is a prominent supermarket chain in the United States, offering a wide range of groceries and household products. With its extensive store network, strong market position, and strategic partnerships, Safeway continues to be a trusted choice for consumers across the country

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Company Type

Public Company

Company Size

10,001+

Year Founded

1915

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