Headlines

Remodel in Aisle Three

Safeway to spend nearly $2 billion this year to upgrade 200 stores, build 80 more

Published

22 years ago

July 8, 2002

admin1

Safeway Inc. (Pleasanton, Calif.), the nation's third-largest grocery chain, announced plans to spend $1.9 billion in 2002 to renovate 200 existing stores and open about 80 new ones.

During the first two quarters of 2002 (ending June 15), the retailer invested approximately $669 million in capital expenditures, opening 35 new stores and closing 16.

Safeway operates 1792 stores in the U.S. and Canada.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design