Michelle Beck Lindsey Thompson Danielle Witt. Store History 1915 M.B. Skaggs purchased first grocery...
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Transcript of Michelle Beck Lindsey Thompson Danielle Witt. Store History 1915 M.B. Skaggs purchased first grocery...
Michelle Beck
Lindsey Thompson
Danielle Witt
Store History
1915 M.B. Skaggs purchased first grocery store from father
Business strategy- give customers value and to expand by keeping a narrow profit margin
1928- 428 stores in 10 states (with the name Skaggs)
1928- merged with Merrill Lynch doubling store count
1930- Safeway listed on NYSE
Financial Classification
10th largest retailer in the nation Store count- 1775 across U.S and Canada 2006 revenue- $38.4 Billion (up 7.2% from
2004) 2006 profit- $561.1 million Fortune 500 ranking – 4th Stock Price- $36.32
Competitors
Global Kroger Walgreen Albertsons CBS Publix Super
Markets
Local Winco Albertsons Richey's Fred Meyer
Brands Safeway- Ribbon Leaf logo products,
general usage and standard items Safeway Select- privately label, upscale
range of products Lucerne and Empress- Dairy Primo Taglio- Deli O Organics- organically grown and
processed
StrengthsGlobal Strong brand image Customer service Extended services
- Club card
- Fuel
- ATM
- Car wash
- Online Shopping
Local 3 store locations New or remodeled Starbucks Floral Department
Weaknesses Global Narrow consumer
market West coast dominant
Local Online shopping not
offered Recent remodels
Opportunities Global Sell private lines in
competitor stores Increase locations Acquisition Community
involvement
Local Continue with
“Lifestyle” branding South town location
ThreatsGlobal Growth of competitors Competitors extending
services
Local Not located near
campus Population limits
Safeway’s Future
Expand efforts for community involvement and environmental leadership
Have consistent growth Continue to thrive off of original business
plan
Sources www.safeway.com www.wiki.com www.money.cnn.com