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Topic: Safeway (UK)


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In the News (Tue 7 Oct 08)

  
  Safeway (UK) - Wikipedia, the free encyclopedia
Safeway was a chain of 479 supermarkets and convenience stores in the UK that is now part of Wm Morrison Supermarkets.
The chain was founded in the UK in 1962 as a subsidiary of the U.S. retailer Safeway Inc. The parent company was acquired by Kohlberg Kravis Roberts, or KKR in 1986, and in the following year, the UK business was sold to Argyll Stores.
The last of the 220 Safeway stores to be converted re-opened on 24 November 2005, while any remaining stores not suitable for conversion or sale were closed by 26 November 2005.
en.wikipedia.org /wiki/Safeway_(UK)   (1293 words)

  
 SAFEWAY USA SUPERMARKET STORE CHAIN
Safeway is planning to double the size of its staff training centre in Burton-on-Trent, with five new areas being opened by spring 2003.
Safeway is forming a joint venture with property company London and Regional to consider the development potential of its 480 stores, and possible projects include the construction of buildings on stilts in its car parks.
Safeway is to open a late-night mini-store in Warwick, one of 50 outlets being set up on BP petrol forecourts throughout the country.
www.solarnavigator.net /solar_cola/super_markets_stores/safeway_supermarket_chain.htm   (2104 words)

  
 Operations - environment   (Site not responding. Last check: 2007-10-14)
Safeway's operations lead to the generation of liquid and solid waste materials and the company has a Duty of Care to take all reasonable steps to keep waste safe.
Safeway is also involved in a LINK programme to look at the feasibility of a low temperature absorption refrigeration system which will use low grade exhaust heat to power the refrigeration plant.
We are encouraging our Safeway brand suppliers to transfer to alternative chemicals with reduced ozone depletion potential and where no viable alternative exists, to adopt practices which minimise the opportunity for loss or release of such chemicals to the atmosphere.
production.investis.com /safewayplc/csr/environment   (2649 words)

  
 BBC NEWS | Business | Q&A: The battle for Safeway
Tesco in turn, could cement its position as the UK's largest supermarket chain, and would be able to reach parts of the country where it has not got a presence yet.
It is not listed on the UK stock exchange so is not bound by the same rules of disclosure as Morrisons and Sainsbury.
But a takeover of Safeway could be read as a subtle indication of trouble in the sector.
news.bbc.co.uk /1/hi/business/2652529.stm   (890 words)

  
 Safeway Bank   (Site not responding. Last check: 2007-10-14)
A UK division, Safeway plc, was spun off in 1987 after the firm was acquired by KKR.
The chain was founded in 1962 by Safeway from the USA but was spun off and sold by Kohlberg Kravis Roberts, or KKR (which acquired the American parent company) in 1987 and listed on the London Stock Exchange as Safeway plc.
Safeway Goya was the lead singer of The Nobodys, who released an album on Capitol Records and EMI International August 8, 1984.
www.wwwtln.com /finance/159/safeway-bank.html   (1032 words)

  
 Guardian Unlimited Business | | Safeway presses for better deal
Supermarket group Safeway yesterday set out its case for a higher bid from Wm Morrison with a trading statement that showed better than expected sales, strong cash generation and underlined the value of its property portfolio.
Morrisons is expected to name its new price for Safeway within the next three weeks and Safeway is keen to extract better terms, including a cash sweetener, than were on the table when Morrisons first bid on January 9 this year.
Safeway has also invited its own offers for the 53 stores that Morrisons would have to sell under a successful bid because Safeway thinks it can extract top prices.
business.guardian.co.uk /story/0,3604,1073670,00.html?=rss   (356 words)

  
 Guardian Unlimited Business | | Safeway puts 53 'surplus' stores out to secret auction
The Safeway supermarket chain has been secretly inviting offers for the 53 stores would-be bidder Wm Morrison was told it has to sell to meet competition concerns.
The Safeway board is keen to avoid a "low ball" bid from Morrisons and nailing down firm, high offers could help wring out the best price for the business.
Morrison is poring over Safeway's books and is not expected to make a new offer until the middle of next month.
business.guardian.co.uk /story/0,3604,1069958,00.html   (364 words)

  
 CNN.com - Wal-Mart joins battle for Safeway - Jan. 14, 2003
Wal-Mart, which owns the UK's third largest food chain Asda, did not release details of its offer except to say it would be on an all-cash basis.
When Safeway's debt of £1.3 billion is included, the deal could be worth about £4.5 billion.
Shares in Safeway (SFW) were down 3.2 percent to 293.75 pence in midday London trading on Tuesday.
www.cnn.com /2003/BUSINESS/01/14/walmart.safeway   (442 words)

  
 RetailWire Print Pages
The question now becomes whether Safeway will seek to have Morrison increase its original bid of £2.9bn to £3.5bn as is being reported in the British press.
If Safeway seeks a higher bid and Morrison refuses it would set up a situation for either a hostile takeover or another bidder to enter the competition.
Safeway has been stuck in a bit of a rut for the last several years, not upgrading stores that desperately needed it.
www.retailwire.com /Print/PrintDocument.cfm?DOC_ID=9275   (1202 words)

  
 BBC NEWS | Business | Tesco joins battle for Safeway
When the UK's competition watchdog last examined the state of the UK grocery market, it said that no one player should have a market share of more than 25%.
This complicates the situation for Safeway shareholders, who now have to judge the merit of bids ranging from all-cash offers that could run into trouble with the competition authorities to lower valued all-share offers that promise a rapid conclusion of the deal.
He said the competition authorities would now have to consider the break-up of Safeway, and in that scenario Tesco's claim to a share of its rivals outlets was "just as good" as that of its rivals.
news.bbc.co.uk /1/hi/business/2682559.stm   (602 words)

  
 The Observer | Business | Safeway's end means price blitz
The demise of Safeway will accelerate a quiet revolution on Britain's high streets that should be good news for consumers but lead to even more ferocious competition among supermarket giants.
Green said in January when Morrison tabled an agreed £2.9 billion offer for Safeway he was considering a counter bid, but he has yet to decide to press the button.
But assuming Morrison and Safeway can agree a new deal in the wake of the CC report, one consequence, according to analysts, will be a fall in food prices of about 10 per cent over the next few years.
observer.guardian.co.uk /business/story/0,6903,1051021,00.html   (747 words)

  
 CNN.com - Safeway agrees to Morrison bid - Dec. 15, 2003
Morrison, currently the UK's No. 5 food retailer, was cleared by British regulators to bid for No. 4 Safeway in September, on condition it sold 52 stores.
Safeway had been coveted by all of its big supermarket rivals, which were looking for ways to expand in a country with tough planning laws and a shortage of sites.
Safeway had "just about maintained sales," Ken Morrison told a conference call, adding this was "particularly impressive" given the uncertainty that the takeover battle had created.
edition.cnn.com /2003/BUSINESS/12/15/safeway.reut   (723 words)

  
 (07/01) Safeway UK Trade Tasting
Not all of Safeway's 428 stores carry all wines, so at the end of each TN is the number of stores that carry that particular wine.
Made for Safeway by Lanson, this is nice stuff with a richly foaming mousse that is persistent.
Made for Safeway by Domaine Carrette, has an attractive nose of nutty, leesy, toffee-fudge oak and a buttery weight of ripe fruit.
www.wine-pages.com /organise/safeway.htm   (2094 words)

  
 Boston.com / News / World / Europe / Safeway Woes Drag Down UK Grocer Morrison   (Site not responding. Last check: 2007-10-14)
Morrison said Safeway's same-store sales were down 7.2 percent for the year to date.
"Safeway was trading much more poorly than they expected but this year was always going to be a transitional one," said the shareholder.
Safeway has struggled to stem a decline in sales for years, relying on selling some products at a loss to draw customers, a move which Morrison is now pulling away from in favor of lowering prices overall.
www.boston.com /news/world/europe/articles/2004/07/02/safeway_woes_drag_down_uk_grocer_morrison?mode=PF   (716 words)

  
 Safeway hit by hoax emailer - vnunet.com   (Site not responding. Last check: 2007-10-14)
UK supermarket Safeway is investigating how a computer hacker gained access to its databases and sent a hoax message to thousands of customers.
A Safeway spokeswoman confirmed today that a hoax email was sent apparently via its email servers at around midnight Friday BST to "under 3000" customers who had signed up on the safeway.co.uk website to receive regular email information.
Safeway is the latest in a string of major organisations to suffer internet-related security breaches.
www.vnunet.com /vnunet/news/2113354/safeway-hit-hoax-emailer   (419 words)

  
 RFID Journal - Nestlé UK, Safeway See RFID Gains - RFID (Radio Frequency Identification) Technology News & Features
March 8, 2004—Companies at the forefront of RFID deployment in the United Kingdom are confident that a mix of corporate attitudes and government initiatives has helped push the U.K. ahead of Europe and the United States in terms of RFID implementation.
According to e.centre, the roundtable’s participants concurred that the nation was in a privileged position to deploy RFID due to the government’s sponsorship of numerous RFID projects and promotion of the technology.
However, the roundtable expressed concern that the adoption of RFID by U.K. retailers and suppliers could be impeded by the lack of a single global RFID standard and by the challenge of finding adequate staff capable of rolling out RFID networks.
www.rfidjournal.com /article/articleview/822/1/1   (727 words)

  
 Forbes.com: UK Morrison to make 3 bln stg Safeway bid--papers   (Site not responding. Last check: 2007-10-14)
Safeway shareholders have secured a slightly higher monetary price than the original offer in January, while Morrison shareholders will have a greater holding in the combined business going forward because of the cash element, it added.
The Sunday Times said the bid is likely to value Safeway at around 280p a share, and Morrison is set to raise around 600 million pounds from the sale of 52 Safeway stores that the UK government has ordered for competition reasons.
In September, Morrison was cleared by British regulators to bid for Safeway on condition it sold 52 stores in a ruling that blocked rivals Tesco Plc , J Sainsbury Plc and Wal-Mart's (nyse: WMT - news - people) Asda from entering the takeover fray.
www.forbes.com /business/newswire/2003/12/13/rtr1180227.html   (478 words)

  
 CNN.com - UK's safeway increases profits - May 16, 2001
Safeway posted pretax profits for the 12 months to March 31 of £314.5 million ($446 million), at the high end of analyst expectations, compared with £236.1 the previous year.
Safeway has also slowed its expansion — opening no new stores last year — and instead invested in upgrading its existing store base.
Safeway shares fell 1.6 percent to 333.75 pence in early London trade.
cnnstudentnews.cnn.com /2001/BUSINESS/05/16/safeway   (245 words)

  
 Remote shopping on trial at Safeway - ZDNet UK News   (Site not responding. Last check: 2007-10-14)
Safeway and IBM announced the UK's first remote shopping service Thursday, designed to let customers order their shopping using a portable device long before they even see a trolley.
Safeway says the goods will be packed and ready by the time the customer arrives.
Safeway has yet to decide whether the devices will be available to rent, on loan or to buy.
news.zdnet.co.uk /business/0,39020645,2070272,00.htm   (336 words)

  
 PRINT UK supermarkets import organic food with local supply available
In the period covered by the survey, less than a quarter of the organic pork on sale in Asda was from UK farms; in Tesco only half the pork and under half the organic beef was from the UK.
In the UK, farmers producing organic pork must meet high animal welfare standards, which is not always the case in other countries, the Soil Association warned.
However, the Soil Association’s survey found that UK sourcing is possible: in Waitrose all organic carrots, chicken, beef and pork were home produced, as was all the organic beef and pork in Safeway.
www.newfarm.org /international/news/040104/0423/org_shunned_print.shtml   (396 words)

  
 Guardian Unlimited | Special reports | Green leaves Safeway door open
Mr Green, who was never expected to bid ahead of Morrisons, described the proviso as "a precautionary measure" which he would use only if Morrisons chairman Sir Ken Morrison "tries to be stupidly greedy" with a low-ball bid.
Morrisons is understood to be in the final days of its negotiations with the OFT and is expected to launch a new bid for Safeway by mid-November.
Safeway, meanwhile, has been pulling out all the stops to ensure a high bid.
www.guardian.co.uk /supermarkets/story/0,12784,1074828,00.html   (552 words)

  
 Safeway found Swiftly
Safeway is considering plans to build a new supermarket at Ellon near...
Safeway - the motoring school with standards offers a professional and understanding approach to driving tuition, enabling you to become a safe and confident driver.
Safeway operations include transport and logistics, depot and storage, stores and...
www.nsalg.co.uk /gardening/safeway.html   (279 words)

  
 Safeway, IBM To Offer UK Grocery Shopping Service 12/16/98 Newsbytes PM - FindArticles   (Site not responding. Last check: 2007-10-14)
IBM [NYSE:IBM] and Safeway have teamed up to develop a home grocery shopping technology that bypasses the Internet, but still allows shoppers to order their groceries from the comfort of their own home.
IBM's advanced handheld scanner for Safeway improves on the scanning plan by extending the concept to providing each registered shopper with their own personalized scanner/PDA (personal digital assistant) and reader/modem combo for use at home, rather than on an in-store basis.
According to Safeway, when linked to Safeway's ABC loyalty card database, the "intelligent software" on the company's computer network will send to customers' PDAs personalized suggestions and promotions based on their own previous orders, as well as information on new products, special offers and recipes.
www.findarticles.com /p/articles/mi_m0HDN/is_1998_Dec_16/ai_53428571   (359 words)

  
 RTE Business - UK's Morrison to swallow Safeway
Safeway, the fourth biggest supermarket chain, has long been seen as vulnerable to takeover, losing market share to bigger rivals in a sector increasingly dominated by a few big players.
The deal is worth 277.5 pence per Safeway share - a 30.3% premium to the share's closing price yesterday.
No dilution of Morrisons earnings is expected as a result of the deal and management expects the takeover to enhance earnings significantly by the third year, when annual synergies are estimated to reach £250 million.
www.rte.ie /business/2003/0109/safeways.html   (221 words)

  
 The Scotsman - UK - What makes Safeway such a hot property?
But for a sector that has seen precious little action for some time and is tightly controlled by strict planning laws, the Safeway deal is a chance to stretch legs, strut stuff and eye each other up.
Once a turbulent industry that was jolted through a host of takeovers and mergers that resulted in the disappearance of well-known names such as Gateway, William Low and Fine Fayre, the supermarket sector has, in more recent years, been deathly quiet.
Sainsbury’s, Safeway and Tesco have used the time to put their houses in order - building up luxury ranges, expanding in certain key regions in the UK, introducing new concepts such as dry cleaners, takeaway pizzas and CD departments.
thescotsman.scotsman.com /uk.cfm?id=92492003   (1017 words)

  
 Tesco and Safeway refuse to back organic campaign   (Site not responding. Last check: 2007-10-14)
UK supermarkets Tesco and Safeway have refused to back a campaign calling for a rise in the amount of land given over to organic farming in the UK, according to an Ananova.com report this week.
More than 100 organisations are urging the UK government to set a target for having 30 per cent of UK agricultural land organic by 2010.
The UK imports 70 per cent of organic food from abroad.
www.foodnavigator.com /news/printNewsBis.asp?id=42872   (312 words)

  
 Guardian Unlimited | Special reports | Morrisons promises quick integration of Safeway
With planning permission rules limiting the expansion of supermarkets, Safeway was a highly desirable acquisition for its rivals.
As for Safeway, the takeover ends four decades of history for the company that opened its first supermarket in Bedford in 1962.
The speciality grocer Argyll, which had built up a retail estate since 1977, bought the UK assets of the US firm Safeway in 1987 for £681m to create the chain in its current form.
www.guardian.co.uk /supermarkets/story/0,12784,1164941,00.html?=rss   (582 words)

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