Safeway is a large grocery chain in the United States. It is headquartered in Pleasanton, California. Safeway has 1,600 stores in the United States and Canada. Safeway is a publicly traded company on the New York Stock Exchange under the symbol SWY.
Safeway’s primary competitors are Kroger, Albertsons, and Supervalu. Safeway operates in three segments: Grocery, Pharmacy, and Other. The Grocery segment consists of Safeway’s grocery stores, which sell food, non-food items, and general merchandise. The Pharmacy segment offers prescription drugs and other health-related products and services through Safeway’s pharmacies.
The Other segment includes fuel centers, floral shops, and all other operations not included in the Grocery or Pharmacy segments.
Safeway was founded in 1915 by Mervyn J. Davis in American Falls, Idaho. Davis moved the company to Modesto, California in 1922. Safeway expanded rapidly under Davis’s leadership, opening new stores across the United States.
Safeway went public in 1930 and was listed on the New York Stock Exchange. In the 1940s and 1950s, Safeway Stores became a leader in supermarket innovation. In 1946, Safeway introduced the first self-service meat department in the United States. In 1948, Safeway debuted the first air-conditioned and illuminated supermarket in Modesto.
In 1963, David A. Livingston led a management buyout of Safeway Stores from its parent company Pet Inc. Livingston expanded Safeway’s store base and improved its profitability.
Does Safeway pay weekly?
Yes, Safeway does pay weekly. Paydays are every Friday for most employees.
