Safeway Inc.

Safeway Inc.

▪ American supermarket chain
      leading U.S. supermarket chain, with stores in the United States and abroad. Its headquarters are in Pleasanton, California.

      The company originated as a small grocery store started by S.M. Skaggs in American Falls, Idaho, in 1915. The store was dedicated to building sales volume by taking low profit margins, an operating philosophy still followed by the company. The eldest son of the family, M.B. Skaggs, expanded the original shop into a western chain that by 1926 had 428 stores in 10 states under the name Skaggs United Stores.

      Backed by investment firm Merrill Lynch, the Skaggs company was incorporated in 1926 to buy the 322-store Safeway grocery chain founded by Sam Seelig. It kept the name of Safeway, a strong brand name on the West Coast. By 1931 the company had reached its peak number of stores—3,527 in the United States and Canada—which averaged 1,000 square feet in size and carried about 700 items. Thereafter store numbers decreased, but store size increased; Safeway was quick to adopt the giant supermarket format. In the 1980s most of its 2,500 stores were in the United States west of the Mississippi River, but its retail operations extended to the eastern United States, Canada, Europe, and Australia. The company was acquired by U.S. buyout firm Kohlberg Kravis Roberts & Co. in 1986. After downsizing and restructuring, Safeway became an independent, publicly traded company again in 1990. By the beginning of the 21st century, Safeway operated more than 1,650 stores in the United States and Canada, including Vons in the West, Tom Thumb in Texas, and Carrs in Alaska.

* * *


Universalium. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Safeway Inc. — Un magasin Safeway Création 1915, American Falls, Idaho, U.S.) …   Wikipédia en Français

  • Safeway Inc. — Infobox Company company name = Safeway, Inc. company company type = Public (NYSE|SWY) company slogan = Ingredients for life foundation = 1915 (American Falls, Idaho) location = Pleasanton, California key people = Steve Burd, CEO Chairman|… …   Wikipedia

  • Safeway — Safeway, Inc. Rechtsform Aktiengesellschaft Gründung 1915 Sitz Pleasanton …   Deutsch Wikipedia

  • Safeway — is a brand name used by several companies around the world: Supermarket chains * Safeway Inc., in the U.S. and Canada * Safeway (Australia) a supermarket chain of the Australian company Woolworths Limited, formerly a subsidiary of the American… …   Wikipedia

  • Safeway (Australia) — Infobox Company name = Safeway Supermarkets type = Subsidiary slogan = The Fresh Food People foundation = 1963 location city = Sydney location country = AUS key people = Michael Luscombe, CEO num employees = industry = Retail revenue = parent =… …   Wikipedia

  • Safeway (UK) — Infobox Defunct Company company name = Safeway plc company slogan = Lightening the load fate = Taken over successor = Wm Morrison Supermarkets foundation = 1961 defunct = 24 November 2005 location = flagicon|UK Hayes, Greater London industry =… …   Wikipedia

  • Safeway Classic — The Safeway Classic is an annual golf tournament for professional female golfers on the LPGA Tour. Founded in 1972, it takes place every year in Portland, Oregon. It is the oldest continuous event on the LPGA Tour. Tournament Golf Foundation has… …   Wikipedia

  • Safeway International — The Safeway International, in full Safeway International Presented by Coca Cola, is an annual golf tournament for professional female golfers on the LPGA Tour. Founded in 1980, it takes place every year in the Phoenix, Arizona area. Tournament… …   Wikipedia

  • Apple Inc. litigation — From the 1980s to the present, Apple Inc. has been plaintiff or defendant in civil actions in the United States and other countries. Several of these actions have determined significant case law for the technology industry, while others simply… …   Wikipedia

  • Metro Inc. — Metro Inc. Type Public Traded as TSX: MRU.A Industry …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”