A newspaper report that Wal-Mart’s UK subsidiary ASDA is plotting a £2.8bn (US$4.4bn) takeover of struggling sector rival Safeway prompted the latter’s shares to open 5% higher this morning [Friday].
UK supermarket Safeway has announced better than expected results for fiscal Q1. After recent criticism about its prices from ABN Amro, Safeway has turned around and beaten city forecasts for its ...
Credit card payments made using chip and PIN technology - a much safer method than the usual signature - are to be introduced in the UK by 2005, but supermarket group Safeway is to begin its scheme ...
Britain's fifth biggest grocer, William Morrison Supermarkets, has agreed a £2.9 billion sterling bid for rival Safeway, netting one of the sector's ripest takeover targets. Safeway, the fourth ...
LONDON (CBS.MW) -- U.K. supermarkets group Wm. Morrison uk:mrw, FTSE-100 stock, said the operating profit for the half year to July 25, including the Safeway stores, was 170.3 million pounds.
U.K. supermarket group Safeway , a takeover target for several rival supermarkets including Wal-Mart-owned Adsa, on Thursday said sales in the year to March 29 rose 1.3 percent 9.517 billion pounds.
The UK retailing industry is bracing itself for perhaps the biggest event of the year, as it awaits the results of the Competition Commission's report on who can bid for Safeway. The decision is ...
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Safeway shares fell 9% today after the UK government ordered the Competition Commission to look into all of the four supermarket chains in the bidding fray. These includes Tesco, Sainsbury, ASDA and ...
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