Rival Buys Safeway for Over $9 Billion

at 10:00 AM
Save ArticleSave Article

Failed to save article

Please try again

 (Justin Sullivan/Getty Images)

The parent company of Albertsons is buying its rival Pleasanton-based Safeway for more than $9 billion, in a deal that experts say would reshape the supermarket industry. We get the latest on the sale, and what it means for competitors and consumers.


Phil Lempert, editor of Supermarket News, and an analyst for over 25 years on consumer behavior and marketing trends

Mark Calvey, senior finance reporter, San Francisco Business Times