Wednesday, April 7, 2010 as of 11:14 AM ET
Safeway Inc. (), a Fortune 500 company, is North America's second largest supermarket chain after The Kroger Co., with, , 1,694 stores located throughout the western and central United States and western Canada.
Read More at Wikipedia ›The nationwide grocery store chain Safeway Inc.
(SWY) announced plans Monday to eventually sell pork that comes from farms that don't confine breeding sows into small crates known as gestation stalls.Safeway's announcement comes after recent declarations by McDonald's Corp. (MCD) and Burger King Corp. to get the pork they serve from farms that don't use the crates. But the Safeway decision represents the first of the largest U.S. grocery chains to make the commitment.Whole Foods Market Inc. (WFM), a smaller, but also nationwide chain, doesn't sell pork from suppliers that use the crates and hasn't done so in about 10 years, a spokeswoman said.The commitment from Safeway, with its 1,678 stores in the U.S. and Canada, is substantial for those who believe the use of the gestation stall are inhumane because the company is the fifth-largest grocery retailer in the U.S.The stalls are narrow two-feet-wide cages used to confine breeding sows, which bear offspring that are slaughtered to make p...Safeway Inc. said Thursday its first-quarter profit jumped to $72.9 million, or 27 cents a share, from $25.1 million, or 7 cents, a year earlier. Sales rose to $10 b...
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During trading today, the Services sector ( IYC ) showed little change while the S&P 500 fell 1.7%.The ETF has moved down across its 50-day moving average of $79.52 ...
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A Pennsylvania-based meat processor filed for bankruptcy protection Monday, saying a national controversy over a common filler for ground beef severely curbed consum...
Meat processor AFA Foods Inc., which has come under fire recently for its low-grade form of meat, referred to as pink slime, filed for Chapter 11 bankruptcy Monday, ...
The controversy over a common ground beef filler dubbed "pink slime" by critics has hurt short-term beef demand, a Tyson Foods Inc. executive said Tuesday.The contro...
Stocks advanced after Federal Reserve Chairman Ben Bernanke emphasized that low interest rates are still needed to support the labor market, driving the S&P 500 to a...
Safeway shares were the biggest percentage decliner on the S&P 500 early Monday, falling 3% to $20.47. Credit Suisse cut the supermarket chain to neutral from outper...
DOW JONES NEWSWIRESKroger Co. (KR) and Stop & Shop said they joined a growing number of grocery chains that are phasing out "pink slime," also called fined textured ...
Bobby Plump has lived 75 years, but he's best known for 18 seconds of it.In 1954, he threw a basketball. It sailed through a hoop and bounced into history. The shot ...
Besides couponing, there are so many different ways to save money on your grocery bill -- if only you knew the ins and outs of your favorite store's policies and pro...
The nationwide grocery store chain Safeway Inc. (SWY) announced plans Monday to eventually sell pork that comes from farms that do not confine breeding sows into sma...
The U.K.'s battered high street looks set for further gloom, as a rising trend of retailers entering financial administration looks set to continue, according to KPM...
Visa Inc. (V), the world's largest payments network, posted a 46% increase in fiscal second-quarter profit as it benefited from higher transaction volume and the rem...
MasterCard Inc. (MA), long the underdog in the U.S. debit-card market, is gaining ground as new federal rules shake up the payments industry, putting pressure on Vis...
A rise in card use helped MasterCard Inc. (MA) post a 21.2% increase in first-quarter profit.The Purchase, N.Y.-based payments company also said its revenue grew 17....
Safeway on Thursday downplayed recent investor speculation it was prepping for a merger or private-equity buyout. Moves by Safeway of late -- aggressive stock buybac...
FBN’s Diane Macedo with a futures update and the latest on Rupert Murdoch’s Leveson inquiry appearance.
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