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While CEO of Safeway in 2009, he earned a total compensation of $10,901,892, which included a base salary of $1,449,000, a cash bonus of $358,627, stock awards of $491,611 and options granted of $6,922,200. Steven Burd will receive another $7.5 million in stock as a result of the transaction that combines Safeway and Albertsons supermarket chain.
Safeway now has a new person occupying its chief executive's desk. The company has named Robert Edwards as its CEO, succeeding the retiring Steven Burd. Edwards, currently the president of the ...
Safeway, Inc. is an American supermarket chain. The chain provides grocery items, food and general merchandise and a variety of specialty departments, such as bakery, delicatessen, floral and pharmacy, as well as Starbucks coffee shops, and vehicle fuel centers. [2]
Burd will assist in helping to find his replacement over the next four-and-a-half months. In a statement praising Burd's performance as CEO, Safeway noted that over the past 20 years, Safeway ...
Steve Burd described it as "branding the shopping experience." The launch included a redesigned logo, a new slogan "Ingredients for life" alongside a four-panel life icon to be used throughout stores and advertising, and a web application called "FoodFlex" to improve consumer nutrition.
Safeway retained the Randalls name in Houston and Austin and the Tom Thumb name in Dallas/Fort Worth but replaced many of the Tom Thumb/Randalls "Remarkable" and President's Choice store brands with Safeway private label items. Randalls Food Markets became Safeway's Texas division, which today is legally known as Randalls Food & Drugs.
Safeway then reported Dominick's financial information as a discontinued operation, [23] but later, Safeway announced that it was retaining the chain. [ 24 ] After closing more than 20 stores since its acquisition, Safeway announced in February 2007 that it would close another 14 stores in the Chicago area and convert 20 existing stores to the ...
Genuardi's Family Markets L.P. was a chain of supermarkets located in the Northeastern United States.The store was family-owned. In 2000, it was purchased by Safeway.Its headquarters was in East Norriton Township, Pennsylvania in Montgomery County.