General Discussion

enid602

(9,711 posts)

37. Safeway

Reply to The Straight Story (Original post)

Fri Mar 7, 2014, 12:37 PM

Mar 2014

Albertson's was operating under bankruptcy protection when its stores were divied up between 3 suitors. Cerberus bought one of the groups of stores, and later bought up the other two groups, along with Shaws, Jewell and other stores. The result is that they have a rather large group of stores without a cohesive headquarters/back office operation. Safeway has that. Also, Safeway has very strong in-store brands, something the others lack. In 2013, 29% of Safeway's sales were in-store brands. The profit margin on in-store brands is huge, whereas grocers only make 5 cents on the dollar on national brands. This merger should give Safeway an additional distribution network for its in-store brands. Safeway's in-store labels are head and shoulders above Kroger, WalMart, Target, etc.

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Safeway sold for $9 billion, merges with Albertsons [View all] The Straight Story Mar 2014 OP

Hey Albertson's CEO, what your customers need is decent food at an affordable price, not "change". uppityperson Mar 2014 #1

My heart bleeds NV Whino Mar 2014 #2

Also Walmart and Kroger jmowreader Mar 2014 #21

Walmart and now Target stores have large food sections. nt NYC_SKP Mar 2014 #23

WalMart Stinky The Clown Mar 2014 #24

I'm sure this will go well......not GP6971 Mar 2014 #3

I hadn't heard about the Supervalu/Albertson's merger davidpdx Mar 2014 #30

Won't work if they keep selling shit at dear prices. bluestate10 Mar 2014 #4

I wonder what is going to happen in markets Jenoch Mar 2014 #5

Good point davidpdx Mar 2014 #31

Good luck, Albertsons workers Proud Public Servant Mar 2014 #6

This cannot end well abbeyco Mar 2014 #7

Wow. You were treated poorly in the interview process? Timez Squarez Mar 2014 #10

Traitor Joes firing looooong term older employees, cutting health care risks and payouts. reddread Mar 2014 #13

I didn't apply at TJs but had friends who did abbeyco Mar 2014 #26

Safeway should go out of business The Second Stone Mar 2014 #8

I have noticed that the long line thing flying rabbit Mar 2014 #11

No Kidding! Nolimit Mar 2014 #16

They seem to rely on the self check out model at the ones I go to. flying rabbit Mar 2014 #19

This one doesn't even have self-checkout. Nolimit Mar 2014 #22

I didn't think that one did flying rabbit Mar 2014 #25

I don't wait long in Safeway Mosby Mar 2014 #18

In my hometown, initially Safeway was the go-to store for years. Tommy_Carcetti Mar 2014 #33

Albertson's is still in Florida demwing Mar 2014 #38

Didn't know that. Thought they had left totally. Tommy_Carcetti Mar 2014 #39

I've only been in a Safeway twice in my life LiberalEsto Mar 2014 #9

after Safeway killed Dominick's Paulie Mar 2014 #12

Well, it's now no wonder why Safeway closed all the Dominick's locations kysrsoze Mar 2014 #28

We Never Learn Armstead Mar 2014 #14

Kudos to you for seeing the key issue.. dixiegrrrrl Mar 2014 #15

Thanks. Unfortunately it's been a key issue in many sectors for decades Armstead Mar 2014 #17

I think the consolidation is just going to be used to further cut employee benefits davidpdx Mar 2014 #29

...as well as putting the screws to their customers and suplliers Armstead Mar 2014 #34

Ah, very true davidpdx Mar 2014 #40

Or they could just stop making people give personal info to get 'sale' prices Matariki Mar 2014 #20

I don't see how this will give consumers more choice. subterranean Mar 2014 #27

this could be a good thing Niceguy1 Mar 2014 #32

It's never a good thing to eliminate competition that way Armstead Mar 2014 #35

Didn't we used to have anti-trust laws in this country? surrealAmerican Mar 2014 #36

Safeway enid602 Mar 2014 #37