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Safeway Continues Lifestyle Conversion

PLEASANTON, CA-The grocer is hoping to have almost 1,300 stores in the new format, say officials.

By Debra Hazel | Updated on October 08, 2008

PLEASANTON, CA-Safeway is continuing its plan to convert all of its stores to a lifestyle concept, executives said at the company’s third-quarter conference call recently. For the year, the company now expects to open approximately 20 new Lifestyle stores and complete approximately 240 Lifestyle remodels. Thus far, company opened eight new Lifestyle stores, completed 119 Lifestyle remodels and closed 13 stores.

“By the end of the year, we will have 1,286 stores in that format,” said Steve Burd, chairman, president and CEO. “Seventy-six percent of our stores will have gone through a major transformation in just four years.”

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