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Sunday, October 12, 2008, 4:32PM ET - U.S. Markets Closed. Dow Down 1.49% Nasdaq Up 0.27%
Safeway Inc. (SWY)On Oct 10: 20.44  Down 1.84 (8.26%)  
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Safeway Inc.
5918 Stoneridge Mall Road
Pleasanton, CA 94588-3229
United States - Map
Phone: 925-467-3000
Fax: 925-467-3323
Web Site: http://www.safeway.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Services
Industry:Grocery Stores
Full Time Employees:201,000

BUSINESS SUMMARY 
Safeway, Inc., together with its subsidiaries, operates as a food and drug retailer in North America. The company operates stores that provide an array of dry grocery items, food, and general merchandise, as well as features specialty departments, such as bakery, delicatessen, floral, and pharmacy, as well as coffee shops and fuel centers. It also offers SELECT line of products that include salsas, bagged salads, whole bean coffees, cookies, frozen pizzas, fresh and frozen pastas, and an array of ice creams and hors d’oeuvres; O ORGANICS line, which comprises milk, chicken, salads, juices, entrees, and others; Eating Right line of better-for-you products; Priority Total Pet Care line of pet foods and pet care products; Basic Red value-priced paper goods; and Lucerne line of dairy products and the Primo Taglio line of meats and cheeses. As of December 29, 2007, Safeway operated approximately 1,743 stores in California, Oregon, Washington, Alaska, Colorado, Arizona, Texas, the Chicago metropolitan area, and the Mid-Atlantic region, as well as British Columbia, Alberta, and Manitoba/Saskatchewan. The company also owns and operates GroceryWorks.com Operating Company, LLC, an online grocery channel, doing business under the names Safeway.com, Vons.com, and Genuardis.com; and Blackhawk Network Holdings, Inc., which provides third-party gift cards, prepaid cards, telecom cards, and sports and entertainment cards to North American retailers for sale to retail customers. It also engages in gift card businesses in the United Kingdom and Australia, and through 49% ownership interest in Casa Ley, S.A. de C.V. operates 137 food and general merchandise stores in Western Mexico. The company was founded in 1915. It was formerly known as SSI Holdings Corporation and changed its name to Safeway Stores, Incorporated. Further, it changed its name to Safeway, Inc. in 1990. Safeway is based in Pleasanton, California.
Key Statistics

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    CORPORATE GOVERNANCE 
    Safeway Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Oct-08 is better than 91.7% of S&P 500 companies and 100% of Food & Staples Retailing companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Steven Burd , 57
    Exec. Chairman, Chief Exec. Officer, Pres and Chairman of Exec. Committee
    $ 3.18M $ 63.50M
    Mr. Robert L. Edwards , 52
    Chief Financial Officer and Exec. VP
    N/A N/A
    Ms. Larree M. Renda , 49
    Chief Admin. Officer, Chief Strategist Officer and Exec. VP
    $ 1.19M $ 902.00K
    Mr. Bruce L. Everette , 56
    Exec. VP of Retail Operations
    $ 1.13M $ 867.00K
    Mr. Robert A. Gordon , 56
    Sec. and Gen. Counsel
    $ 765.00KN/A
    Dollar amounts are as of 31-Dec-07 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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