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Albertsons

  • Safeway's board OKs quarterly dividend, increase for stock repurchase authorization

    PLEASANTON, Calif. — Safeway announced that its board of directors Friday declared a regular quarterly cash dividend of 14.5 cents per share.

    The dividend will be payable on April 12 to stockholders of record at the close of business on March 22, the company noted.

  • 'Most ethical' companies include Costco, Safeway, Target

    NEW YORK — The Ethisphere Institute's sixth annual selection of the "World's Most Ethical Companies" included several of the nation's top retailers.

    Among this year's list of 145 organizations, Ethisphere — which describes itself as a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability — included Costco, Safeway, Target, Wegmans and Whole Foods.

  • Dollar General appoints EVP store operations

    GOODLETTSVILLE, Tenn. — A former Safeway executive has joined Dollar General as its EVP store operations.

    Effective March 19, Greg Sparks will assume all responsibilities for the operations of more than 9,900 retail stores in 38 states and serve on Dollar General's real estate and store development committee, the company said. Sparks will report to chairman and CEO Rick Dreiling.

    Sparks most recently served as president of Safeway's Seattle division. His departure from the supermarket retailer was announced earlier this week.

  • Safeway commits to responsibly sourced paper products

    PLEASANTON, Calif. — In effort to further its commitment to sustainability, Safeway's private-label Softly bath and facial tissue and Ultra Thirsty paper towels now are certified by the Forest Stewardship Council and the Rainforest Alliance.

    Safeway's paper products earned the FSC seal by being produced from fiber sourced from suppliers who have been independently certified to follow the strictest standards in sustainable, ethical forestry management and production chain controls.

  • Supplylogix appoints former Safeway pharmacy leader

    WESTLAKE, Texas — Healthcare supply chain software developer Supplylogix has appointed a former Safeway executive as its director of product development.

    Supplylogix announced the hiring of Glen Davis, saying he would help expand the company's suite of products that pharmacies and other healthcare providers use to improve supply chain performance.

  • Safeway's Steve Frisby to lead Seattle division

    PLEASANTON, Calif. — Safeway announced Monday a management change in the retailer's Seattle division.

    The company said Steve Frisby, will assume added responsibility of the division after the exit of the current president, Greg Sparks. Frisby, who joined Safeway in 1972, currently serves as the president of its Portland, Ore., division.

  • Kantar Media releases 2011 retail promotional activity report

    MINNEAPOLIS — Kantar Media on Wednesday reported that overall retailer advertising expenditures increased 1.6% and retailer participation in Free Standing Insert coupon promotion pages increased 30.7% over calendar year 2011, versus the corresponding year-ago period. Additionally, digital coupon events increased 40.4% during this period across the leading retailer websites monitored by Kantar Media.

  • Safeway: Higher profit in the works for 2012

    PLEASANTON, Calif. — Safeway is projecting that 2012 will be a good year for the retailer.

    The company said ahead of an investor conference held Tuesday that it forecasts earnings per share will be in the range of $1.90 to $2.10 per diluted share. This compared with net income of $1.49 per diluted share in fiscal 2011, due to a tax charge 29 cents per diluted share. Excluding the charge, diluted earnings per share would have been $1.78 in fiscal 2011.

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