date:Oct 11, 2013
have gained ground with shoppers looking for a higher-end experience, while Aldi Inc has added more stores that draw cost-conscious customers. Wal-Mart Stores Inc, Target Corp, privately held Meijer Inc and other retailers have also focused more on food sales.
The Dominick's chain in Chicago has been a noticeable drag on Safeway's financial results, a significant drain on resources and its lowest performing division, Chief Executive Officer Robert Edwards said on a conference call with analyst