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 ...
It's a brand that's not been seen on the high street for 11 years, but now SAFEWAY is returning to British shops. The reintroduction of the supermarket brand is part of a new business drive from ...
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 ...
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.
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.
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