Search results
Results From The WOW.Com Content Network
The point of the Safeway name was that the grocery operated exclusively on a cash-and-carry basis – it did not offer credit to customers, as American grocers traditionally had done. [8] It was the "safe way" to buy food because a family could not get into debt via its grocery bill (as many families did at the time, a contributing cause of the ...
Safeway later acquired Pay and Take It Stores from Loronzo L. Skaggs in 1928. [4] Safeway is considered the main successor to Skaggs, and despite the Skaggs Companies later being bought by Albertsons, Safeway was also acquired by Albertsons, thus bringing the Skaggs history full-circle.
Safeway already had stores of its own in southern Delaware. There were issues and local outrage over the Safeway takeover due to claims of price increases, the changeover of many products to Safeway's own brands, and the use of a loyalty card, which was not needed under Genuardi's previous ownership. Except for the Safeway conversions, Genuardi ...
Some big changes might be happening at your neighborhood marketplace. HLN reports two of the country's biggest grocery stores are merging. 'Do you have an Albertsons or a Safeway near you?
Grocer Safeway (NYS: SWY) reported higher second-quarter earnings that beat Street estimates. However, its shares plunged by more than 9% on the day of the report as it forecasted low same-store ...
On Oct. 10, Safeway announced its third-quarter results. Along with the results, the grocery store chain revealed a series of cash-generating initiatives. Included in these initiatives were ...
1939 L.S. resigns from Safeway to enter the drugstore business. Two associates from Safeway join him and they buy four Pay Less stores from his brother L.J. They were located in Salt Lake, Ogden, Boise, and Great Falls. O.P. sells some stores in Nebraska to George W. Martin, whose family operated them until selling them in 1964.
Skaggs was an advocate of the cash-and-carry system for grocery stores. His father, S.M. Skaggs, was a Baptist minister, and he was convinced that the prevailing system of credit increased prices since grocers and storekeepers had to wait to get paid and made the customers overly dependent on those grocers and storekeepers.