Safeway Limited is a British groceries brand, and former chain of supermarkets and convenience shops. The British Safeway was founded in 1962 by the American Safeway Inc., before being sold to Argyll Foods in 1987. It was later listed on the London Stock Exchange.[citation needed] It was purchased by Morrisons in March 2004. Most of its 479 shops were rebranded as Morrisons, with others being sold. Safeway-branded shops disappeared from the United Kingdom on 24 November 2005.
In November 2016, Morrisons revived the Safeway brand for a range of products, manufactured in the company's own factories, for distribution through UK independent retailers.
Safeway Food Stores was established in 1962 in the United Kingdom by the American supermarket chain Safeway, with seven supermarkets and a few smaller stores in Greater London, and its first purpose-built store was opened in Bedford in 1963. It brought many ideas from the US, including larger stores with wider aisles and delicatessens, and a much wider range of products.[1][2] By 1987, it had 133 shops around the United Kingdom.[3]
In 1987, Safeway Inc. put Safeway Food Stores up for sale. Argyll Foods eventually secured it for the sum of £681 million, with £600 million raised through a rights issue that was three times oversubscribed.[4] The merger of Argyll and Safeway was hailed by commentators as one of the most successfully integrated retail combinations in the United Kingdom, bringing together Argyll's experienced management team, with a strong but somewhat underdeveloped retail brand.
Argyll then began converting the larger Presto supermarkets to the Safeway brand. The Presto name continued on smaller supermarkets in North East England and Scotland for several years and even enjoyed a brief revival in the early 1990s, when several new Presto shops began to open and a range of Presto own label products was introduced. The last new Presto shops opened in 1995. The revival was short lived, as in 1995, many smaller Presto shops were sold to a consortium of SPAR retailers.[5]
Over the next few years, competitive pressures intensified. Pre tax profits fell by 13% during the year ended 30 April 1994, prompting a wide-ranging strategic review known as "Safeway 2000", led by the then chief executive, Colin Smith, with assistance from McKinsey Consulting.[6] This involved the sale of the Lo-Cost chain to Co-operative Retail Services and the redesign of Safeway shops to appeal to the family shopper.[7][8]
In July 1996, Argyll conducted a share buyback and renamed itself Safeway plc.[9] During 1997, several Presto stores were converted to Safeways, and by the beginning of 1998, the final Presto shops were either converted or closed down.[10] All shops traded simply as Safeway, regardless of size.
David Webster, who had taken over as chairman in 1997, after the retirement of Alistair Grant, decided to open merger talks with Asda. These talks were called off after a few weeks following a leak to a Sunday newspaper, and then briefly revived in the early months of 1998, before breaking down again.[11]
The outcome, if the negotiations had been successful, would probably have been the disappearance of the Safeway name and the emergence of a stronger Asda, still focussing on discount prices, but with a bigger volume to support it. This might have achieved a more secure future for Safeway, than continuing the struggle to keep up with Tesco and Sainsbury's.[6]
Safeway was the first of the large supermarket groups to introduce a loyalty card, which it launched in 1995 and called ABC (Added Bonus Card).[12] As this was initially only introduced into selected shops on a trial basis, however, Tesco is able to claim the title for the first nationwide introduction of a loyalty card, with Clubcard.
Safeway, in 1999, started a rail container flow carrying goods to its far north shops, some as far as Inverness, Nairn, Elgin and Buckie. The train consisted of van wagons and containers. The train was operated by EWS.[13]
By the early months of 1999, Safeway was coming under renewed criticism from investors. Its shares had under performed the food sector over the previous five years. It had been pushed back into fourth position by Asda and it did not have enough shops of adequate size to offer a comprehensive non-food range. In July 1999, Safeway announced the appointment of a new chief executive, Carlos Criado-Perez, who had held senior posts in Wal-Mart's international division.[14]
The problem was how to distinguish Safeway from Tesco and Sainsbury's, and how to minimise its scale disadvantage. According to estimates made by the Competition Commission, Tesco was able to negotiate significantly lower prices from its suppliers than Safeway – averaging about 3% on big selling branded items.[15]
Criado-Perez's response was to introduce selective deep discounting, the so-called high/low pricing formula, which was later branded as 'substantially discredited' by Morrisons management, making deep price cuts on a limited set of products for a limited period.[16] Criado-Perez also abandoned Safeway's loyalty card, arguing that these cards were no longer an effective marketing tool.[16] This project was branded 'New Safeway'.[17]
The new approach to pricing was one of the four pillars of Safeway's strategy, the others being "Best for Fresh Foods", "Best for Customer Service" and "Best for Product Availability". Criado-Perez envisaged a five-year programme of developing the shops along these lines, to be completed by 2004.
In 2002, Safeway was the fourth largest supermarket chain by sales in the United Kingdom.[18] However, it was growing more slowly than other large chains in the United Kingdom and this was reflected in a share price below the values of the group's assets, leading to the various takeover rumours that circulated during 2002, indicating the City was unconvinced with the Criado-Perez strategy.
On 9 January 2003, the much smaller Morrisons, with around 119 shops largely located in the North of England, made a surprise offer to purchase the chain, offering 1.32 new shares of Morrisons for each share of Safeway, with the co-operation of the Safeway board. However, this served only to start a stampede of other potential buyers. Sainsbury's, Asda, KKR (the company which helped finance the sale of Safeway to Argyll in 1987), Trackdean Investments Limited (controlled by Philip Green, owner of BHS and Arcadia) and Tesco all said they were considering making offers.[19]
They were all asked to make submissions to the Office of Fair Trading (OFT) for approval under the Fair Trading Act 1973. On 23 January, Safeway's board dropped its recommendation of the Morrisons offer. KKR later dropped its proposal. On 19 March, the remaining proposals except for Trackdean's (which was said to raise no competition issues) were referred to the Competition Commission by the Trade and Industry Secretary, Patricia Hewitt. The report of the Competition Commission was made public on 26 September.
A takeover of Safeway by Sainsbury's, Asda or Tesco was "expected to operate against the public interest, and should be prohibited". However, a takeover by Morrisons was held to be acceptable on the condition that 53 shops of the combined operation be sold, due to local competition issues. Patricia Hewitt accepted these recommendations.[20]
Philip Green announced on 30 October that he was not proceeding with a takeover bid, on the basis that it was not clear whether approval could be obtained to sell off individual shops to other chains. On 15 December, Morrisons, the only remaining bidder, made a new offer of one share of Morrisons, plus sixty pence for each Safeway share, again with the co-operation of the Safeway board.[21] On 11 February 2004, shareholders of both Wm Morrison and Safeway voted to approve the merger of the two companies, subject to the result of two High Court rulings later in the month.
Originally, 52 shops were to be compulsorily divested after the takeover, but this was reduced to 50 after one shop in Sunderland burned down and the lease ended on another in Leeds city centre. John Lewis Partnership purchased 19 to be part of its Waitrose chain,[22] while Sainsbury's purchased a further 14 ,[23] and Tesco bought 10 in October 2004.[24]
Unlike other operators, most notably Tesco, Sainsbury's and the Co-op, Morrisons had chosen not to move into the convenience shop sector. Further to this policy decision, it was announced in October 2004 that the 114 smaller shops of Safeway Compact were to be sold off to rival supermarket chain Somerfield, in a two part deal worth £260.2 million in total.[25]
In Northern Ireland, Morrisons sold former Safeway shops to Asda. These included a shop in Bangor, which actually opened after the takeover by Morrisons, in June 2005.[26]
Morrisons continued to sell and close shops not covered by the Competition Commission ruling, which it felt did not fit with the scale and layout of its format of Market Street. In total, 254 shops were sold off by October 2005, which left the chain with around 367 shops by November 2005. In all, seventy two shops were sold that were neither part of the original Competition Commission ruling nor part of the Safeway Compact portfolio.
One of the largest single purchases in 2005 was that of five shops by Waitrose in August.[27] On 18 July 2005, a further six shops were sold to Waitrose, including the former Safeway shop in Hexham, Northumberland, which became the most northerly Waitrose branch in England.[28]
In May 2005, Morrisons announced the termination of Safeway's joint-venture forecourt shop/petrol station format with BP. Under the deal, the premises were split 50/50 between the two companies.[29] Five sites were subsequently sold on to BP, while Morrisons sold the rest of its sites to Somerfield and Tesco, which both maintain a presence in this market sector. Following the termination of the BP/Safeway deal, BP began to roll out Marks and Spencer food forecourt shops in their place from 2005, with the network expanding over subsequent years.[30][31]
Morrisons also sold Safeway's Channel Islands shops, in Guernsey and Jersey, to CI Traders, where they continued to trade under the Safeway brand name, despite selling products from chains such as Iceland.[32] In February 2011, CI Traders sold the Safeway shops on the Channel Islands to Waitrose and the Safeway brand disappeared from the Channel Islands.[33]
On the Isle of Man, the Douglas shop was sold to Shoprite and the Ramsey shop was sold to the Co-op.[34] The shop in Gibraltar was originally marketed for sale, but was then converted. In November 2005, plans were submitted for the extension and redevelopment of the shop, in order to introduce the full Morrisons format.[35]
In September 2005, the company announced the closure of former Safeway depots in Kent, Bristol and Warrington, with the loss of around 2,500 jobs.[36] The Kent depot was later sold to upmarket rival Waitrose, whilst the Warrington depot was sold to frozen food rival Iceland. Part of the Bristol depot was sold off to Gist.[37] The shop conversion process was completed on 24 November 2005, when the last Safeway fascia disappeared from the United Kingdom.[38]
In November 2016, Morrisons announced a revival of the Safeway brand, on food products that it manufactures for retailers.[39] This was followed by McColl's signing an agreement to stock Safeway-branded products in its nationwide chain of small-format convenience stores in August 2017.[40]
A trial of a branded Safeway Daily convenience store was unveiled at a petrol station forecourt in Derby during 2019,[41] but the location did not retain the brand long term.
Daniel 7Kitab Daniel lengkap pada Kodeks Leningrad, dibuat tahun 1008.KitabKitab DanielKategoriNabi-nabi besarBagian Alkitab KristenPerjanjian LamaUrutan dalamKitab Kristen27← pasal 6 pasal 8 → Daniel 7 (disingkat Dan 7) adalah pasal ketujuh Kitab Daniel dalam Alkitab Ibrani dan Perjanjian Lama di Alkitab Kristen. Berisi riwayat Daniel yang berada di Babel pada abad ke-6 SM.[1][2] Teks Pasal ini dibagi atas 28 ayat. Berfokus pada penglihatan yang diterima Daniel pada …
Jamur merang Volvariella volvaceae Klasifikasi ilmiah Kerajaan: Fungi Divisi: Basidiomycota Kelas: Homobasidiomycetes Ordo: Agaricales Famili: Pluteaceae Genus: Volvariella Spesies: V. volvacea Nama binomial Volvariella volvacea(Bulliard ex Fries) Singer Jamur merang (Volvariella volvacea, sinonim: Volvaria volvacea, Agaricus volvaceus, Amanita virgata atau Vaginata virgata) adalah spesies jamur pangan yang biasa tumbuh di Asia Timur dan Tenggara yang beriklim tropis atau subtropis. Istilah…
إبسكوإبسكو المصرية للخدمات البتروليةالشعارمعلومات عامةالنوع شركة مساهمةالمقر الرئيسي الحي السادس، مدينة نصر، القاهرة، مصرموقع الويب epsco.com.eg المنظومة الاقتصاديةالشركة الأم الهيئة المصرية العامة للبترولالصناعة الخدمات البتروليةمناطق الخدمة محافظات جمهورية مصر العر
Тюлень в Севастополі в 1915 році Підводний човен «Тюлень» — відноситься до підводних човнів типу «Нерпа». Будівництво підводного човна «Тюлень» розпочато в червні 1911 року, а закінчено 26 лютого 1915 року. Зміст 1 Тактико-технічна характеристика 2 Історія підводного човна 3 К
Video game racing series For video games based on the TV game show series, see Wipeout (2008 game show) § Video games. Video game seriesWipeoutGenre(s)RacingDeveloper(s)PsygnosisPublisher(s)Sony Interactive EntertainmentPlatform(s)PlayStation, Nintendo 64, Sega Saturn, MS-DOS, Microsoft Windows, PlayStation 2, PlayStation Portable, PlayStation 3, PlayStation Vita, PlayStation 4, Amiga, Android, iOSFirst releaseWipeout29 September 1995Latest releaseWipeout Merge18 January 2022 Wipeout (styl…
Stichting Nederlandse Publieke Omroep Абревіатура NPO(англ.)Тип zelfstandig bestuursorgaand[1]Суспільний мовникdЗасновано 2000Правовий статус stichtingdКраїна НідерландиРозташування Postbus 26444, Bart de Graaffweg 2, 1202 JJ Гілверсум, Нідерланди 52°14′20″ пн. ш. 5°10′08″ сх. д. / 52.238886° пн. ш. 5.168882°…
هذه المقالة يتيمة إذ تصل إليها مقالات أخرى قليلة جدًا. فضلًا، ساعد بإضافة وصلة إليها في مقالات متعلقة بها. (نوفمبر 2018) علم كنيسة الروم الأرثوذكس. علم كنيسة الروم الأرثوذكس هو علم يُستخدم من قِبل بطريركية القسطنطينية المسكونية وجبل آثوس، وكذلك من قِبل كنائس الروم الأرثوذكس في…
Опис файлу Опис постер серіалу Джерело https://www.imdb.com/title/tt10516352/mediaviewer/rm1935537665/ Час створення 2020 Автор зображення Авторські права належать дистриб'ютору, видавцю фільму або художнику цього постера. Ліцензія див. нижче Обґрунтування добропорядного використання для статті …
Indian South African business family GuptaPlace of originSaharanpur, Uttar Pradesh, IndiaMembersAjay Gupta (b. 5 February 1966)[1]Atul Gupta (b. 14 June 1968)[2]Rajesh (Tony) GuptaVarun GuptaEstate(s)Sahara Estate, Saxonwold, Johannesburg The Gupta family is a wealthy and influential business family from India, with close ties to former South African President Jacob Zuma and his administration.[3] The family's most notable members are the brothers Ajay, Atul, an…
必殺! III 裏か表か監督 工藤栄一脚本 野上龍雄保利吉紀中村勝行製作 山内久司櫻井洋三出演者 藤田まこと鮎川いずみ村上弘明京本政樹柴俊夫笑福亭鶴瓶三田村邦彦松坂慶子音楽 平尾昌晃主題歌 三井由美子「やがて愛の日が」撮影 石原興編集 園井弘一配給 松竹公開 1986年5月24日上映時間 126分製作国 日本言語 日本語配給収入 3億7500万円[1]前作 必殺! ブラウン館の怪…
Term used to refer to the atmosphere and outer space Not to be confused with Airspace. For the corporation, see The Aerospace Corporation. A view of the Earth's atmosphere with the Moon beyond Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial, and military applications. Aerospace engineering consists of aeronautics and astronautics. Aerospace organizations research, design, manufacture,…
Trinidadian footballer (born 1990) Aubrey David David with Saprissa in 2019Personal informationFull name Aubrey Robert DavidDate of birth (1990-10-11) 11 October 1990 (age 33)Place of birth Georgetown, GuyanaHeight 1.91 m (6 ft 3 in)[1]Position(s) DefenderTeam informationCurrent team AlajuelenseNumber 52Youth career2004–2008 Vessigny Government Secondary2008–2009 W ConnectionSenior career*Years Team Apps (Gls)2009–2011 FC South End 0 (0)2011 Joe Public 7 (0)2011…
Battle of ŁódźPart of Invasion of PolandGerman troops in ŁódźDateSeptember 6–8, 1939LocationŁódź, Łódź Voivodeship, PolandResult German victoryBelligerents Germany PolandCommanders and leaders Gerd von Rundstedt Juliusz RómmelStrength Unknown Unknown.Casualties and losses Unknown Unknown vteInvasion of PolandBattle of the Border Wieluń Chojnice Krojanty Lasy Królewskie Mokra Pszczyna Grudziądz Mława Jordanów Fraustadt Węgierska Górka Tuchola Forest Częstochowa …
Dolerite mountain cliff, Northern Ireland Fair HeadIrish: An Bhinn Mhór The Great Cliff[1]Fair Head's distinctive organ pipe dolerite columns, as taken from the Rathlin Island–Ballycastle ferryLocation of Fair Head in Northern IrelandLocationCounty Antrim, Northern IrelandNearest cityBallycastle, 3 miles (4.8 km)Coordinates55°13′16″N 6°09′14″W / 55.221°N 6.154°W / 55.221; -6.154Climbing typeTraditionalAbseilingBoulderingHeightface is over 100 m…
2007 video game 2007 video gameDementium: The WardDeveloper(s)Renegade KidPublisher(s)Nintendo DSNA: Gamecock Media GroupEU: SouthPeak GamesNintendo 3DSRenegade Kid[6]Nintendo SwitchAtooi[5]Director(s)Jools WatshamDesigner(s)Jools WatshamProgrammer(s)Bob IvesArtist(s)Gregg HargroveComposer(s)Jools WatshamGareth VildayPlatform(s)Nintendo DS, Nintendo 3DS (eShop), Nintendo Switch[5]ReleaseNintendo DSNA: October 31, 2007[2]EU: April 17, 2009[1]Nintendo 3DSNA:…
Telenovela This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages) This article describes a work or element of fiction in a primarily in-universe style. Please help rewrite it to explain the fiction more clearly and provide non-fictional perspective. (July 2012) (Learn how and when to remove this template message) This article's plot summary may be too long or excessively detailed. Please help impro…
Religion in Serbia Islam in Europeby percentage of country population[1] 90–100% AzerbaijanKosovoTurkey 70–90% AlbaniaKazakhstan 50–70% Bosnia and Herzegovina 30–40% North Macedonia 10–20% BulgariaCyprusGeorgiaMontenegroRussia 5–10% AustriaSwedenBelgiumFranceGermanyGreece LiechtensteinNetherlandsSwitzerlandUnited KingdomNorwayDenmark 4–5% ItalySerbia 2–4% LuxembourgMaltaSloveni…
1809 battle during the War of the Fifth Coalition Battle of GrazPart of the War of the Fifth Coalition84th Line Infantry Regiment insignia showing the inscriptionUN CONTRE DIX 26 Juin 1809Date24–26 June 1809LocationGraz, Styria, Austria47°4′N 15°26′E / 47.067°N 15.433°E / 47.067; 15.433Result French victoryBelligerents Austrian Empire First French EmpireCommanders and leaders Ignaz Gyulai Auguste Marmont Jean BroussierStrength 15,000[1]20,000[2]2…
Regional viceroy in Qing Empire Jurisdiction of the Viceroy of the Three Eastern Provinces in 1911 Viceroy of the Three Eastern ProvincesChinese nameTraditional Chinese東三省總督Simplified Chinese东三省总督TranscriptionsStandard MandarinHanyu PinyinDōngsānshěng ZǒngdūGovernor-General of the Three Eastern Provinces and Other Local Areas, and in Charge of Managing the Generals of the Three Provinces and the Governor of FengtianTraditional Chinese總督東三省等處地方…
2008 book by Drew Karpyshyn Mass Effect: Ascension Original cover of Mass Effect: AscensionAuthorDrew KarpyshynCountryCanadaLanguageEnglishSeriesMass EffectGenreScience fictionPublisherDel Rey BooksPublication dateJuly 29, 2008Media typePrint (Paperback)Pages342ISBN978-0-345-49852-6OCLC181599906Preceded byMass Effect: Revelation Followed byMass Effect: Retribution Mass Effect: Ascension is a science fiction novel by author Drew Karpyshyn. It is a sequel to the video gam…
Lokasi Pengunjung: 3.128.200.132