date:Oct 15, 2013
Safeway, which operates grocery stores under its own name and regional chains such as Vons and Randalls, had recently seen its sales trends improve somewhat after struggling in the face of heightened competition and a weak economy.
The supermarket chain came under pressure last month from activist shareholder Jana Partners LLC, which disclosed that it had acquired a stake of roughly 6% and said that it had spoken with Safeway management about shedding some of its unprofitable markets and return