NationMaster - Encyclopedia: Safeway (UK)

Safeway was a chain of 479 supermarkets and convenience stores in the UK that is now part of Wm Morrison Supermarkets. Image File history File links Safeway_logo_uk. ... The initials PLC after a UK or Irish company name indicate that it is a public limited company, a type of limited company whose shares may be offered for sale to the public. ... Image File history File links Flag_of_the_United_Kingdom. ... Hayes may have several meanings: Hayes Microcomputer Products (named after Dennis Hayes, founder), creator of the original self-dialing smart modem. ... Middlesex is one of the 39 historic counties of England and the second smallest (after Rutland). ... David Webster can refer to several people: David Webster (businessman), Chairman of InterContinental Hotels Group David Kenyon Webster (1922â€“1961), American soldier, journalist and author David Webster (politician) (1923â€“1969), British Conservative Member of Parliament for Weston-Super-Mare David Webster (opera manager), British general director of the Royal Opera... Drawing of a self-service store. ... Supermarket produce section A supermarket is a store that sells a wide variety of goods including food and alcohol, medicine, clothes, and other household products that are consumed regularly. ... This article or section is in need of attention from an expert on the subject. ... A holding company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors. ... Morrisons store in Morecambe, Lancashire Wm Morrison Supermarkets plc (LSE: MRW) is the fourth largest chain of supermarkets in the United Kingdom. ... Look up Slogan in Wiktionary, the free dictionary. ... A website (or Web site) is a collection of web pages, typically common to a particular domain name or subdomain on the World Wide Web on the Internet. ... safeways on the walworth road taken by C Ford 15/11/03 File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... safeways on the walworth road taken by C Ford 15/11/03 File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Exterior of a typical British supermarket (a Tesco Extra) Exterior of typical North American supermarket (a Safeway) A typical supermarket in Hong Kong. ... This article or section does not cite its references or sources. ... Morrisons is a chain of supermarkets in the UK. It is operated by the company Wm Morrison Supermarkets plc. ...

Background

The chain was founded in the UK in 1962 as a subsidiary of the US retailer Safeway Inc. The parent company was acquired by Kohlberg Kravis Roberts (or KKR) in 1986, and in the following year, the UK business was sold to Argyll Stores. 1962 (MCMLXII) was a common year starting on Monday (the link is to a full 1962 calendar). ... Safeway Inc. ... Kohlberg Kravis Roberts & Co (commonly referred to as KKR) is a New York City-based private equity firm that focuses primarily on late stage leveraged buyouts. ...

Argyll Stores was the forerunner to Safeway plc, and a brief history is outlined below:

Presto Foodmarkets

Presto Foodmarkets was the name of a chain of supermarkets established in the north of England and in Scotland in 1977. The Presto name derives from the town in which the first store was opened - Prestonpans. Motto: (French for God and my right) Anthem: God Save the King/Queen Capital London Largest city London Official language(s) English (de facto) Unification - by Athelstan AD 927 Area - Total 130,395 kmÂ² (1st in UK) 50,346 sq mi Population - 2005 est. ... Motto: (Latin for No one provokes me with impunity)1 Anthem: Multiple unofficial anthems Capital Edinburgh Largest city Glasgow Official language(s) English, Gaelic, Scots 2 Government Constitutional monarchy - Queen Queen Elizabeth II - Prime Minister of the UK Tony Blair MP - First Minister Jack McConnell MSP Unification - by Kenneth I... Prestonpans is a small town found to the East of Edinburgh, Scotland, in the unitary council area of East Lothian . ...

In 1982, Presto's parent company Allied Suppliers, which also operated smaller supermarkets under the Liptons name, was taken over by Argyll Foods plc. In 1984 Argyll acquired the Thornaby-based Amos Hinton plc which operated supermarkets under the Hintons (and earlier also Canny Discount) name in the North East of England, Cumbria and Yorkshire. Image File history File links Prestologo2. ... Image File history File links Prestologo2. ... Safeway was a chain of 479 supermarkets and convenience stores in the UK that is now part of Wm Morrison Supermarkets. ... Thornaby-on-Tees is a town in the northernmost part of the historic county of North Riding of Yorkshire, located on the south bank of the River Tees. ... North East England is one of the regions of England and comprises the historical counties of Northumberland and Durham plus the area south of the River Tees which was in the former county of Cleveland (this area was historically in Yorkshire and now part of North Yorkshire for ceremonial purposes). ... Cumbria is a county in the North West region of England. ... Look up Yorkshire in Wiktionary, the free dictionary. ...

In 1985 all of the Hintons and Liptons stores were either trading as Presto or had been closed. Some smaller stores were converted to the Lo-Cost Discount format.

In 1987, Argyll acquired the UK division of the American Safeway chain and began converting the larger Presto superstores to the Safeway fascia. The Presto name continued in the North East of England and Scotland for several years and even enjoyed a brief revival in the early 1990s when several new Presto stores began to open and a range of Presto own-label products was introduced.

The revival was short lived and by 1997 the final Presto stores were either converted to Safeway or closed.

Argyll and Safeway

Argyll and Safeway UK merged in 1987 when Safeway Inc.'s United Kingdom subsidiary, Safeway Food Stores as it was then known, was put up for sale. Argyll eventually secured it for the sum of £681m, with £600m raised through a rights issue that was three times over-subscribed. The merger of Argyll and Safeway was hailed by commentators as one of the most successfully integrated retail combinations in the UK, bringing together Argyll’s experienced management team with a strong but somewhat under-developed retail brand. Safeway Inc. ... In equities, a rights issue can be made when a company wants to issue new shares. ...

In the early 1990s, Argyll consolidated the two portfolios, first converting all larger stores to the Safeway brand and, later, extending the programme to the smaller stores, thus creating a single fascia group under the Safeway name by 1996. All stores traded simply as Safeway, regardless of size, in contrast to rivals such as Tesco, where different sized stores are branded as Tesco Express, Tesco Metro, etc. When this process was completed, Argyll itself became Safeway plc. 1996 (MCMXCVI) was a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ...

Safeway’s stores were generally in better locations and more profitable than those of Argyll, with a different product mix more focused on fresh foods. Aryll's previous main fascia, Presto, was phased out in a rolling programme, beginning with the larger superstores. Immediate savings were made in buying and central services, while there was a push to expand Safeway’s own-label products. By 1991 the number of Safeway-branded stores had risen to 310 (including 81 new stores) and the average store size had risen to just under 20,000 square feet.

Early 1990s

By the early 1990s the impetus to profits growth that had come from integrating Argyll and Safeway was slowing down. Although Safeway had become the third largest retailer (thanks partly to the decline of Asda and Gateway), its sales of £4.5bn were far below those of Sainsbury (£7.8bn) and Tesco (£6.3bn). The average size of its stores was also smaller than that of its two bigger rivals, and it was less well placed in the lucrative markets of London and the South East. ASDA, West Bridgford, Nottingham This article is about a supermarket chain. ... Somerfield is a chain of small to medium-sized supermarkets operating in the United Kingdom. ...

One possibility, at the start of the decade, would have been to take over, or merge with, Asda when that company was in the depths of its financial crisis. This was seriously considered and, on paper at least, it would have provided substantial economies of scale. The plan would have been to convert Asda stores – or at least those Asda stores which were worth keeping – to the Safeway brand. The combined group’s sales volume would have been well above that of Tesco and Sainsbury. But the risks of taking on Asda in its weakened state were forbidding; its store portfolio was mixed, and at that stage the Safeway brand looked to have ample growth potential, without need for large-scale acquisitions.

Project 2000

Over the next few years competitive pressures intensified. Pre-tax profits fell by 13% in the year to April 1994, prompting a wide-ranging strategic review known as “Safeway 2000”, led by the then chief executive, Collin Smith, with assistance from McKinsey Consulting. This involved the sale of the Lo-Cost discount operation and the re-design of the Safeway stores to appeal to the family shopper. 1994 was a common year starting on Saturday of the Gregorian calendar, and was designated the International year of the Family. ...

Safeway was the first of the large supermarket groups to introduce a loyalty card, which it called ABC (Added Benefit Card), having only been introduced into selected stores. Tesco is able to claim the title for the first wide spread introduction of a loyality Card with its Clubcard.

Although profits fell again in 1994-95 because of restructuring costs, the company appeared to be making progress in creating a distinctive image for its stores. The scale problem had not gone away, however, and it was doubtful whether, in the long run, Safeway could survive as a relatively weak number three, pursuing roughly the same strategy as the two leaders.

Anxiety on that score led David Webster, who had taken over as chairman in 1997 after Grant’s retirement, to open merger talks with Asda. These talks were called off after a few weeks following a leak to a Sunday newspaper, then briefly revived in the early months of 1998 before breaking down again. The outcome, if the negotiations had been successful, would probably have been the disappearance of the Safeway name and the emergence of a stronger Asda, still focussing on discount prices but with a bigger volume to support it. This might have achieved a more secure future for Safeway than continuing the struggle to keep up with Tesco and Sainsbury.

When Somerfield announced a takeover of Kwik Save in an all-share deal in March 1998, the media questioned what the future held for Safeway. One possibility was to consider a merger with the much smaller, Yorkshire-based Wm Morrison Supermarkets. However, its chairman, Ken Morrison, rejected the idea. This made a bid impossible, considering the various members of the Morrison family then held 40% of Morrison shares between them. Somerfield is a chain of small to medium-sized supermarkets operating in the United Kingdom. ... Kwik Save is a discount supermarket chain in the United Kingdom. ... Morrisons is a chain of supermarkets in the UK. It is operated by the company Wm Morrison Supermarkets plc. ... To meet Wikipedias quality standards, this article may require cleanup. ...

"New Safeway"

By the early months of 1999 Safeway was coming under renewed criticism from investors. Its shares had under-performed the food sector by 30 per cent over the previous five years; it had been pushed back into fourth position by Asda; and it did not have enough stores of adequate size to offer a comprehensive non-food range.

In July Safeway announced the appointment a new chief executive, Carlos Criado-Perez, who had held senior posts in Wal-Mart’s international division.

The problem was how to distinguish Safeway from Tesco and Sainsbury, and how to minimise its scale disadvantage. According to estimates made by the Competition Commission, Tesco was able to negotiate significantly lower prices from its suppliers than Safeway – averaging about 3 per cent on big-selling branded items.

Criado- Perez’s response was to introduce selective deep discounting – the so-called high/low pricing formula (later branded 'substantially discredited' by Morrisons), making deep price cuts on a limited set of products for a limited period. (Criado-Perez also abandoned Safeway’s loyalty card, arguing that these cards were no longer an effective marketing tool). This project was branded 'New Safeway'.

The new approach to pricing was one of the four pillars of Safeway’s strategy, the others being “best for fresh foods”, “best for customer service”, and “best for product availability”. Criado-Perez envisaged a five-year programme of developing the stores along these lines, to be completed by 2004.

However, the Safeway Management realised that they needed more stores to compete, and considered- and rejected- takeover approaches for Budgens, an enlarged Somerfield and Woolworths. David Webster rejected the ideas, as he thought Wal-Mart could counter-bid, partly because Safeway would probably have to pay partly in shares, while Wal-Mart could pay entirely in cash. Budgens is a chain of foodstores in the United Kingdom, founded in 1872 by Mr Edward Budgen. ... Somerfield is a chain of small to medium-sized supermarkets operating in the United Kingdom. ... F.W. Woolworth Company the original USA based chain of high street shops. ... Wal-Mart Stores, Inc. ...

In 2002, Safeway was the fourth largest supermarket chain by sales in the UK. However, it was growing more slowly than other large UK chains and this was reflected in a share price below the values of the group's assets, leading to the various takeover rumours that circulated during 2002, indicating the City was unconvinced with the Criado-Perez strategy. For album titles with the same name, see 2002 (album). ...

Takeover bids

On January 9, 2003, the much smaller Wm Morrison Supermarkets, with 119 stores, made a surprise offer to purchase the chain, offering 1.32 new Morrison shares for each Safeway share, with the cooperation of the Safeway board. However this served only to start a stampede of other potential buyers. J Sainsbury plc, ASDA, KKR (the company which sold Safeway to Argyll in 1986)), Trackdean Investments Limited (controlled by Philip Green, owner of BHS and Arcadia), and Tesco all said they were considering making offers. January 9 is the 9th day of the year in the Gregorian calendar. ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... Morrisons is a chain of supermarkets in the UK. It is operated by the company Wm Morrison Supermarkets plc. ... J Sainsbury plc is the parent company of Sainsburys Supermarkets Ltd, commonly known as Sainsburys, which is a chain of supermarkets in the United Kingdom. ... ASDA, West Bridgford, Nottingham This article is about a supermarket chain. ... Sir Philip Green is a British billionaire businessman who owns some of the United Kingdoms largest retailers, including British Home Stores (Bhs/BHS) and the Arcadia Group. ... Bhs (once known as British Home Stores and then BHS) is a stalwart general retailer of the British High Street, selling clothes and household items (such as bedlinen, cutlery, crockery and lighting). ... Arcadia Group Ltd. ... Tesco plc is a United Kingdom-based international grocery and general merchandising retail chain. ...

They were all asked to make submissions to the Office of Fair Trading (OFT) for approval under the Fair Trading Act 1973. On January 23 Safeway's board dropped its recommendation of the Morrisons offer. Kohlberg Kravis Roberts later dropped its proposal. On March 19 the remaining proposals except for Trackdean's (which was said to raise no competition issues) were referred to the Competition Commission by the Trade and Industry Secretary, Patricia Hewitt. The report of the Competition Commission was made public on September 26. A takeover of Safeway by Sainsbury, ASDA or Tesco was "expected to operate against the public interest, and should be prohibited". However a takeover by Morrisons was held to be acceptable on the condition that 53 stores of the combined operation be sold, due to local competition issues. Patricia Hewitt accepted these recommendations. The Office of Fair Trading or OFT is a UK statutory body established by the Fair Trading Act 1973, which enforces both consumer protection and competition law, acting as the UKs economic regulator. ... January 23 is the 23rd day of the year in the Gregorian calendar. ... March 19 is the 78th day of the year in the Gregorian calendar (79th in leap years). ... The Competition Commission is an independent body responsible for investigating mergers, market shares and conditions and the regulation of UK companies. ... The President of the Board of Trade the title of a cabinet position in the United Kingdom government. ... Patricia Hope Hewitt M.P. (born 22 December 1948) British politician. ... September 26 is the 269th day of the year (270th in leap years) in the Gregorian calendar. ...

Philip Green announced on 30 October that he was not proceeding with a takeover bid, on the basis that it was not clear whether approval could be obtained to sell off individual stores to other chains. On 15 December, Morrisons, the only remaining bidder, made a new offer of 1 Morrisons share plus 60 pence for each Safeway share, again with the cooperation of the Safeway board. On 11 February 2004 shareholders of both Wm Morrison and Safeway voted to approved the merger of the two companies, subject to the result of two High Court rulings later in the month. October 30 is the 303rd day of the year (304th in leap years) in the Gregorian Calendar, with 62 days remaining. ... December 15 is the 349th day of the year (350th in leap years) in the Gregorian calendar. ... February 11 is the 42nd day of the year in the Gregorian Calendar. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Her Majestys High Court of Justice (known more simply as the High Court) is, together with the Crown Court and the Court of Appeal, part of the Supreme Court of Judicature in England and Wales: see Courts of England and Wales. ...

Takeover completion

On 8 March 2004 the takeover was completed and Morrisons proceeded to rebrand the supermarkets and superstores under its own name. The convenience stores and smaller supermarkets were initially rebranded as "Safeway Compact" and continued to trade under that name until a future strategy had been finalised. This change was only ever intended to be temporary, so only secondary items such as till rolls and staff name badges received the "Compact" logo. External signage remained simply as Safeway, while own-brand products and carrier bags displayed the Morrisons logo. March 8 is the 67th day of the year in the Gregorian Calendar (68th in Leap years). ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ...

The converted stores, other than those earmarked for disposal by the Competition Commission, were predominantly those over 25,000 sq ft, with separate car parks. Within a few weeks, Safeway carrier bags were replaced by those of Morrisons and the new owner's brand name products began to appear in Safeway stores. The best parts of the Safeway own-brand offer, such as "The Best" range of high quality foods, and "Eat Smart" range of healthy foods, were adopted across the Morrisons chain, with a small grey silhouette Morrisons logo replacing the Safeway name on the packaging. The Competition Commission is an independent body responsible for investigating mergers, market shares and conditions and the regulation of UK companies. ...

In July 2004, Morrisons shocked the stock market with its first ever profits warning, largely caused by falling sales at Safeway stores. It emerged that Safeway had changed its accounting system just three weeks before the takeover and inflated its books by taking early bonus payments from suppliers, thus creating a deficit in excess of £180 million when the Morrisons accounting system was applied.

There was much initial controversy surrounding who was to blame for the early problems in integration. Morrisons and Safeway applied supplier commission at opposite ends of the scale - Safeway at the beginning of a deal and Morrisons at the very end. Safeway insiders claimed that the new accounting system had been in production for over two years prior to the takeover and said that Morrisons had full knowledge of the change in system before their takeover.

It has since been admitted by Morrisons itself that the in-house finance team was ill-equipped for the task of integration and management of the newly enlarged business, which contributed in part to the early problems and profit warnings.

Store disposals

Originally 52 stores were to be compulsorily divested after the takeover, but this was reduced to 50 after one Safeway store in Sunderland was burned down and the lease ended on another in Leeds city centre. John Lewis Partnership purchased 19 to be part of its Waitrose chain, while J Sainsbury plc purchased a further 14, and Tesco bought 10 in October 2004. Statistics Population: 177,739 Ordnance Survey OS grid reference: NZ395575 Administration District: City of Sunderland Metropolitan county: Tyne and Wear Region: North East England Constituent country: England Sovereign state: United Kingdom Other Ceremonial county: Tyne and Wear Historic county: County Durham Services Police force: Northumbria Ambulance service: North East Post... Statistics Population: 443,247 Ordnance Survey OS grid reference: SE297338 Administration Metropolitan borough: City of Leeds Metropolitan county: West Yorkshire Region: Yorkshire and the Humber Constituent country: England Sovereign state: United Kingdom Other Ceremonial county: West Yorkshire Historic county: Yorkshire (West Riding) Services Police force: West Yorkshire Police Fire and... One of John Lewis flagship branches in Glasgows Buchanan Galleries mall The John Lewis Partnership is a major United Kingdom retailer, operating department stores and, through its Waitrose subsidiary, upmarket supermarkets. ... Waitrose is a British supermarket chain owned by the John Lewis Partnership, with 184 branches (November 2006). ... J Sainsbury plc is the parent company of Sainsburys Supermarkets Ltd, commonly known as Sainsburys, which is a chain of supermarkets in the United Kingdom. ... October 2004 : January - February - March - April - May - June - July - August - September - October - November - December See also: October 2004 in sports Events Deaths in October â€¢ 29 HRH Princess Alice â€¢ 25 John Peel â€¢ 24 James Cardinal Hickey â€¢ 23 Robert Merrill â€¢ 19 Paul Nitze â€¢ 18 K. M. Veerappan â€¢ 16 Pierre Salinger â€¢ 10 Christopher...

In late 2004 it was announced that the 114 smaller 'Safeway Compact' stores were to be sold off to rival supermarket chain Somerfield in a deal worth £260.2m. One of the main reasons was the Morrisons 'Market Street' store format, which is better suited to larger stores, while Somerfield is known more for smaller outlets. Also, Morrisons senior management had realised that the challenge of integrating the larger stores would keep them fully occupied in the short term. Somerfield is a chain of small to medium-sized supermarkets operating in the United Kingdom. ...

In Northern Ireland, Morrisons sold Safeway Stores (Ireland), a former joint venture with Fitzwilton Group, but which Safeway later bought completely) to ASDA. This included a store in Bangor which actually opened after the Morrisons takeover. Motto: (Latin for Who would separate us?)[1] Anthem: UK: God Save the Queen Regional: (de facto) Londonderry Air Capital Belfast Largest city Belfast Official language(s) English (de facto), Irish, Ulster Scots 3, NI Sign Language Government Constitutional monarchy - Queen Queen Elizabeth II - Prime Minister of the UK Tony... Safeway Stores (Ireland) was a supermarket chain that operated in Northern Ireland between 1996 and 2005, when it was acquired by ASDA. Despite its name, it did not operate any interests in the Republic of Ireland. ... WGS-84 (GPS) Coordinates: 54. ...

Morrisons continued to sell and close stores not covered by the Competition Commission ruling which it felt did not fit with the scale and layout of its Market Street format. In total, 254 stores were sold off by October 2006, which left the chain with 367 stores. 72 stores were sold that were neither part of the original Competition Commission ruling or part of the Safeway Compact portfolio. October 2006 is the tenth month of that year and has yet to occur. ...

One of largest single purchases in 2005 was that of five stores by Waitrose, bringing the firm as far north as Durham for the first time. Unlike other operators, most notably Tesco and Sainsbury's, Morrisons has chosen not to move into the convenience store sector, as this fell contrary to the Morrisons business plan. In May 2005, Morrisons announced the termination of Safeway's joint venture convenience store/petrol station format with BP. Under the deal, the premises were split 50/50 between the two companies. Five sites were subsequently sold on to BP, while Morrisons sold the rest of its sites to Somerfield and Tesco, which both maintain a presence in this market sector. The retained BP sites were re-branded simply as BP Food Store, maintaining the Safeway POS and in-store signage. They are now managed by BP Retail and supplied by the Nisa Today wholesale group. Statistics Population: 42,939 (2001) Ordnance Survey OS grid reference: NZ274424 Administration District: City of Durham Shire county: Durham Region: North East England Constituent country: England Sovereign state: United Kingdom Other Ceremonial county: Durham Historic county: Durham Services Police force: County Durham Ambulance service: North East Post office and telephone... This article or section does not cite its references or sources. ... BP plc (LSE: BP, NYSE: BP, TYO: 5051 ), originally British Petroleum, is a British energy company with headquarters in London, one of six vertically integrated private sector oil, natural gas, and petrol (gasoline) supermajors in the world. ... Nisa Todays is a brand and buying group (or â€˜symbol groupâ€™) of independent retailers (primarily small grocery shops) in the United Kingdom. ...

Morrisons also sold Safeway's Channel Island stores, in Guernsey and Jersey, to C.I. Traders. These stores have retained the Safeway name, albeit with a modified logo[1]. C.I. Traders is a company based in the Channel Islands. ...

In the Isle of Man the main Douglas store was sold to Shoprite (a Manx supermarket chain), and the Ramsey store was sold to the Manx Co-op. In the UK, the Co-Op refers to supermarkets, convenience stores, funeral directors, a small number of department stores and other businesses owned by a variety of independent Co-operative societies but largely marketed and operated in a co-ordinated way. ...

Morrisons has re-branded the Safeway store in Gibraltar, which is currently classified as a 'Rump' store, and applied for planning permission for considerable expansion in October 2006.

Disappearance

The last of the 220 Safeway stores to be converted re-opened on 24 November 2005, while any remaining stores not suitable for conversion or sale were closed by 26 November 2005. This meant that the brand had disappeared from the UK after 43 years, though, as noted, there are rebranded Safeway stores on the Channel Islands. November 24 is the 328th day (329th on leap years) of the year in the Gregorian Calendar. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... November 26 is the 330th day (331st on leap years) of the year in the Gregorian calendar. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ...

As of November 2006 the remains of Safeway UK can be found in many Somerfield's and Morrison's, Premium flooring and hi spec store finish reflect Safeway's higher standards and whilst the stores closed during rationalisation still show branding above abandoned stores. One site in Sandhurst operates a small Pharmacy under the Safeway name from an otherwise abandoned store.

Separate unconnected Safeway companies continue to exist in the USA, Australia and Jordan. Safeway is a brand name used by several fraudulent supermarket chains around the world: Safeway Inc. ...

Further information

Contents

Background

Presto Foodmarkets

Argyll and Safeway

Early 1990s

Project 2000

"New Safeway"

Takeover bids

Takeover completion

Store disposals

Disappearance

Further information

See also

External links

Contents

Background GA_googleFillSlot("encyclopedia_square");

Presto Foodmarkets

Argyll and Safeway

Early 1990s

Project 2000

"New Safeway"

Takeover bids

Takeover completion

Store disposals

Disappearance

Further information

See also

External links

Background