Safeway Inc.
Industry: Retail/Grocery

Safeway is a Fortune 50 Company and one of the largest food and drug retailers in North America and had sales of $34.3 billion in 2001. The company currently operates 1,793 stores in the United States and Canada, and has approximately 193,000 employees. The company's common stock is traded on the New York Stock Exchange under the symbol SWY.

Business Summary
Safeway, Inc. operates as a food and drug retailer in North America. Its stores offer food and general merchandise, and various specialty departments, such as bakery, delicatessen, floral, and pharmacy. The company’s stores also offer Starbucks coffee shops and adjacent fuel centers. Its line of products includes carbonated soft drinks, salsas, bagged salads, whole bean coffees, the Indulgence line of cookies and other sweets, the Verdi line of frozen pizzas, fresh and frozen pastas, pasta sauces, and olive oils, as well as Milena’s take and bake pizzas; the Primo Taglio line of meats, cheeses, and sandwiches; Signature soups, sandwiches, and salads; Artisan fresh-baked breads; NutraBalance pet food; and Ultra laundry detergents and dish soaps. Safeway also offers ice creams, frozen yogurts, and sorbets; low-fat ice creams, cereals, and low-fat cereal bars; and frozen entrees and hors d’oeuvres. As of January 1, 2005, the company operated 1,802 stores in the western, southwestern, rocky mountain, and mid-Atlantic regions of the United States and in western Canada. Safeway has a strategic alliance with GroceryWorks Holdings, Inc. Safeway, Inc. was founded in 1926. The company was incorporated in 1986 as SSI Holdings Corporation and changed its name to Safeway Stores, Incorporated. It further changed its name to Safeway, Inc. in 1990. Safeway is based in Pleasanton, California.

Financial Summary
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