North American retailer Safeway reports drop in Q2 profits
date:Jul 22, 2013
tinuing operations increased to $113m, compared to $77.8m in the corresponding period a year ago.

In June 2013, Safeway had entered into an agreement to sell its Canadian operations through a sale of substantially all of the net assets of Canada Safeway to Sobeys, a Canadian food retailer and wholly owned subsidiary of Empire Company Limited.

Safeway currently operates 1,412 stores in the US.
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