| Safeway is an American supermarket chain which was acquired by Albertsons in July 2014 for $9.2 billion. The newly merged company has more than 2,400 stores and over 250,000 employees which makes it the second largest supermarket chain in North America, after The Kroger Company, who have 2,424 stores. The deal is expected to close during the fourth quarter 2014, pending a review by the Federal Trade Commission. Prior to the merger Safeway had 1,335 stores located throughout the western and central United States and a 49% ownership in 195 Casa Ley stores in northwestern Mexico, as of January 2014. It also operates some stores in the Mid-Atlantic region of the Eastern Seaboard. The company is headquartered in Pleasanton, California. Supermarket News ranked Safeway No. 4 in the 2011 "Top 75 North American Food Retailers" based on 2010 fiscal year estimated sales of $41 billion. Based on 2009 revenue, Safeway is the 11th largest retailer in the United States. |
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