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8-K - 8-K - SAFEWAY INC | d842021d8k.htm |
EX-99.2 - EX-99.2 - SAFEWAY INC | d842021dex992.htm |
Exhibit 99.1
Albertsons and Safeway Confirm Agreements to Sell 168 Stores in Eight States to Four Buyers
Subject to FTC approval, divested stores will continue to operate as competing grocery stores
BOISE, Idaho and PLEASANTON, Calif., Dec. 19, 2014 /PRNewswire/ AB Acquisition LLC (Albertsons) and Safeway Inc. (NYSE: SWY) announced today that they have entered into agreements, subject to approval by the Federal Trade Commission (FTC), to sell 168 stores across eight states to four buyers:
| Associated Food Stores (AFS) will purchase eight stores in Montana and Wyoming; |
| Associated Wholesale Grocers (AWG) / Minyards will purchase 12 stores in Texas; |
| SUPERVALU will purchase two stores in Washington; and |
| Haggen will purchase 146 stores across Arizona, California, Nevada, Oregon and Washington. |
Divestiture of these stores is being undertaken in order to secure FTC clearance of the companies proposed merger, which was announced in March and is expected to close in January 2015. The purchase agreements with the four buyers are all subject to approval by the FTC.
Under the terms of the purchase agreements, the buyers will acquire the stores, equipment and inventory, and they intend to hire most, if not all, of the store employees upon the closing of the purchase of the stores. For a complete list of stores to be divested, please see attached.
Were pleased to have found strong buyers for these stores and to have completed this important step toward combining Albertsons and Safeway, said Safeway President and Chief Executive Officer Robert Edwards, who will serve as the combined companys President and CEO. We look forward now to the transactions close, so we can begin working together to enhance the loyalty of grocery shoppers by delivering high quality products, great service and lower prices to become the favorite local supermarket in every neighborhood we serve.
About Safeway Inc.
Safeway Inc., which operates Safeway, Vons, Pavilions, Randalls, Tom Thumb and Carrs stores, is a Fortune 100 company and one of the largest food and drug retailers in the United States with sales of $35.1 billion in 2013. The company operates 1,326 stores in 20 states and the District of Columbia, 13 distribution centers and 19 manufacturing plants, and employs approximately 138,000 employees. The companys common stock is currently traded on the New York Stock Exchange (NYSE) under the symbol SWY. The company will be delisted from the NYSE upon closing of the merger. For more information, please visit www.Safeway.com.
About Albertsons
Established in 2006, AB Acquisition LLC (Albertsons), which operates ACME, Albertsons, Jewel-Osco, Lucky, Shaws, Star Market and Super Saver, and stores under the United Family of stores, Amigos, Market Street and United Supermarkets, is working to become the favorite food and drug retailer in every area it serves. The company is privately owned by Cerberus Capital Management, Kimco Realty Corporation, Klaff Realty, Lubert-Adler Partners and Schottenstein Stores Corporation, and currently operates 1,081 stores and 14 distribution centers in 29 states and employs approximately 115,000 associates. For more information, please visit www.Albertsons.com.
Forward-Looking Statements
This press release contains certain forward-looking statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are indicated by words such as expects, will, plans, intends, committed to, estimates and is. No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur. Accordingly, actual results may differ materially and adversely from those expressed in any forward-looking statements. Neither Safeway nor any other person can assume responsibility for the accuracy and completeness of forward-looking statements. There are various important factors that could cause actual results to differ materially from those in any such forward-looking statements, many of which are beyond Safeways control. These factors include: failure to obtain, delays in obtaining or adverse conditions contained in any required regulatory or other approvals; failure to consummate or delay in consummating the transactions described herein for any other reasons; changes in laws or regulations; and changes in general economic conditions. Safeway undertakes no obligation (and expressly disclaims any such obligation) to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. For additional information please refer to Safeways most recent Form 10-K, 10-Q and 8-K reports filed with the Securities and Exchange Commission.
Media Contacts:
Christine Wilcox
christine.wilcox@albertsons.com | 208-395-4163
Brian Dowling
brian.dowling@safeway.com | 925-467-3787
Investor Contact:
Christiane Pelz
925-467-3832
Safeway Store Divestiture List
Associated Food Stores (AFS) | ||||||||
Store Name | Address | City | State | Zip Code | ||||
Safeway |
1525 West Park | Anaconda | MT | 59711 | ||||
Safeway |
3801 S. Reserve St. | Missoula | MT | 59801 | ||||
Safeway |
800 W. Broadway St | Missoula | MT | 59802 | ||||
Safeway |
1375 Cy Avenue | Casper | WY | 82604 | ||||
Safeway |
300 Se Wyoming Blvd | Casper | WY | 82609 | ||||
Safeway |
169 Coffeen | Sheridan | WY | 82801 | ||||
Associated Wholesale Grocers (AWG) | ||||||||
Store Name | Address | City | State | Zip Code | ||||
Tom Thumb |
3300 Harwood Rd. | Bedford | TX | 76021 | ||||
Tom Thumb |
4000 William D. Tate Ave. | Grapevine | TX | 76051 | ||||
Tom Thumb |
4836 West Park Blvd. | Plano | TX | 75093 | ||||
Tom Thumb |
3001 Hardin Blvd. | Mckinney | TX | 75070 | ||||
Haggen | ||||||||
Store Name | Address | City | State | Zip Code | ||||
Safeway |
8740 East Broadway | Tucson | AZ | 85710 | ||||
Safeway |
10380 East Broadway Boulevard | Tucson | AZ | 85748 | ||||
Safeway |
3655 W. Anthem Way | Anthem | AZ | 85086 | ||||
Vons |
850 Linden Avenue | Carpinteria | CA | 93013 | ||||
Vons |
4200 Chino Hills Pkwy Ste. 400 | Chino Hills | CA | 91709 | ||||
Vons |
505 Telegraph Canyon Rd | Chula Vista | CA | 91910 | ||||
Vons |
360 East H St | Chula Vista | CA | 91910 | ||||
Vons |
870 Third Ave | Chula Vista | CA | 91911 | ||||
Vons |
240 S. Diamond Bar Blvd | Diamond Bar | CA | 91765 | ||||
Vons |
2800 Fletcher Pkwy | El Cajon | CA | 92020 | ||||
Vons |
5630 Lake Murray Blvd | La Mesa | CA | 91942 | ||||
Vons |
25636 Crown Valley Parkway | Ladera Ranch | CA | 92694 | ||||
Vons |
30252 Crown Valley Parkway | Laguna Niguel | CA | 92677 | ||||
Vons |
28751 Los Alisos Blvd. | Mission Viejo | CA | 92692 | ||||
Vons |
1130 Los Osos Valley Road | Los Osos | CA | 93402 | ||||
Vons |
3901 Portola Pkwy | Irvine | CA | 92620 | ||||
Vons |
72675 Highway 111 | Palm Desert | CA | 92260 | ||||
Vons |
36-101 Bob Hope Drive | Rancho Mirage | CA | 92270 | ||||
Vons |
671 Rancho Santa Fe | San Marcos | CA | 92078 | ||||
Vons |
3681 Avocado Avenue | La Mesa | CA | 91941 | ||||
Vons |
660 E. Los Angeles Ave | Simi Valley | CA | 93065 | ||||
Vons |
550 E. First St. | Tustin | CA | 92780 | ||||
Vons |
17662 17th Street | Tustin | CA | 92780 | ||||
Vons |
13439 Camino Canada | El Cajon | CA | 92021 | ||||
Vons |
1191 E. Creston Road | Paso Robles | CA | 93446 | ||||
Vons |
2100 Newbury Road | Newbury Park | CA | 91320 |
Vons |
23381 Mulholland Dr | Woodland Hills | CA | 91364 | ||||
Vons |
26518 Bouquet Canyon Road | Saugus | CA | 91350 | ||||
Vons |
27095 Mcbean Parkway | Santa Clarita | CA | 91355 | ||||
Vons |
163 S. Turnpike Rd | Goleta | CA | 93111 | ||||
Vons |
175 N. Fairview Ave. | Goleta | CA | 93117 | ||||
Vons |
1031 Nevada Hwy | Boulder City | NV | 89005 | ||||
Vons |
820 S. Rampart Blvd. | Las Vegas | NV | 89145 | ||||
Vons |
7530 W. Lake Mead Blvd | Las Vegas | NV | 89128 | ||||
Vons |
1940 Village Center Circle | Las Vegas | NV | 89134 | ||||
Safeway |
585 Siskiyou Boulevard | Ashland | OR | 97520 | ||||
Safeway |
2740 S. 6th | Klamath Falls | OR | 97603 | ||||
Safeway |
5415 Main Street | Springfield | OR | 97478 | ||||
Safeway |
211 North Eighth Street | Klamath Falls | OR | 97601 | ||||
Safeway |
7601 Evergreen Way | Everett | WA | 98203 | ||||
Safeway |
4831 Point Fosdick Dr Nw | Gig Harbor | WA | 98335 | ||||
Safeway |
1233 N. Liberty Lake Road | Liberty Lake | WA | 99019 | ||||
Safeway |
31565 Sr 20 #1 | Oak Harbor | WA | 98277 | ||||
Safeway |
3355 Bethel Rd. S.e. | Port Orchard | WA | 98366 | ||||
Safeway |
4300ne 4th | Renton | WA | 98059 | ||||
Safeway |
15805 Pacific Ave. S. | Tacoma | WA | 98444 | ||||
Safeway |
15332 Aurora Ave N | Shoreline | WA | 98133 |
Albertsons Store Divestiture List
Associated Food Stores (AFS) | ||||||||
Store Name | Address | City | State | Zip Code | ||||
Albertsons |
1301 Harrison Avenue | Butte | MT | 59701 | ||||
Albertsons |
3112 East Grand Avenue | Laramie | WY | 82070 | ||||
Associated Wholesale Grocers (AWG) | ||||||||
Store Name | Address | City | State | Zip Code | ||||
Albertsons |
3630 Forest Lane | Dallas | TX | 75229 | ||||
Albertsons |
6464 E. Mockingbird Lane | Dallas | TX | 75214 | ||||
Albertsons |
4349 W. Northwest Highway | Dallas | TX | 75220 | ||||
Albertsons |
3524 Mckinney Ave. | Dallas | TX | 75204 | ||||
Albertsons |
10203 E Northwest Highway | Dallas | TX | 75238 | ||||
Albertsons |
7007 Arapaho Road | Dallas | TX | 75248 | ||||
Albertsons |
1108 N Highway 377 | Roanoke | TX | 76262 | ||||
Albertsons |
8505 Lakeview Parkway | Rowlett | TX | 75088 | ||||
Haggen | ||||||||
Store Name | Address | City | State | Zip Code | ||||
Albertsons |
174 East Sheldon | Prescott | AZ | 86301 | ||||
Albertsons |
1980 Mcculloch Blvd | Lake Havasu City | AZ | 86403 | ||||
Albertsons |
7450 E Highway 69 | Prescott Valley | AZ | 86314 | ||||
Albertsons |
1350 N Silverbell Road | Tucson | AZ | 85745 | ||||
Albertsons |
34442 N Scottsdale Road | Scottsdale | AZ | 85262 | ||||
Albertsons |
11475 E Via Linda | Scottsdale | AZ | 85259 | ||||
Albertsons |
1416 E Route 66 | Flagstaff | AZ | 86001 | ||||
Albertsons |
West 1132 Branch Street | Arroyo Grande | CA | 93420 | ||||
Albertsons |
8200 El Camino Real | Atascadero | CA | 93422 | ||||
Albertsons |
3830 W Verdugo Ave | Burbank | CA | 91505 | ||||
Albertsons |
955 Carlsbad Village Dr | Carlsbad | CA | 92008 | ||||
Albertsons |
7660 El Camino Real | Carlsbad | CA | 92009 | ||||
Albertsons |
150 B Ave | Coronado | CA | 92118 | ||||
Albertsons |
3443 S Sepulveda Blvd | Los Angeles | CA | 90034 | ||||
Albertsons |
8985 Venice Bl Ste B | Los Angeles | CA | 90015 | ||||
Albertsons |
1608 Broadway St | El Cajon | CA | 92021 | ||||
Albertsons |
30922 South Pacific Coast Hwy. | Laguna Beach | CA | 92651 | ||||
Albertsons |
5038 W Avenue North | Palmdale | CA | 93551 | ||||
Albertsons |
2130 Pacific Coast Hwy | Lomita | CA | 90717 | ||||
Albertsons |
1500 N. H Street | Lompoc | CA | 93436 | ||||
Albertsons |
25872 Muirlands Blvd. | Mission Viejo | CA | 92691 | ||||
Albertsons |
3049 Coast Highway | Corona Del Mar | CA | 92625 | ||||
Albertsons |
14837 Pomerado Road | Poway | CA | 92064 | ||||
Albertsons |
12475 Rancho Bernardo Rd | Rancho Bernardo | CA | 92128 | ||||
Albertsons |
1516 S. Pacific Coast Hwy | Redondo Beach | CA | 90277 | ||||
Albertsons |
615 N. Pacific Coast Hwy. | Redondo Beach | CA | 90277 | ||||
Albertsons |
21035 Hawthorne Blvd | Torrance | CA | 90503 | ||||
Albertsons |
2115 Artesia Bl. | Redondo Beach | CA | 90278 | ||||
Albertsons |
10633 Tierra Santa Bl. | San Diego | CA | 92124 | ||||
Albertsons |
2235 University Ave | San Diego | CA | 92104 | ||||
Albertsons |
422 W Washington St | San Diego | CA | 92103 |
Albertsons |
7895 Highland Village Place | San Diego | CA | 92129 | ||||
Albertsons |
10740 Westview Pkwy | San Diego | CA | 92126 | ||||
Albertsons |
14340 Penasquitos Drive | San Diego | CA | 92129 | ||||
Albertsons |
730 Turquoise St | San Diego | CA | 92109 | ||||
Albertsons |
5950 Balboa Ave | San Diego | CA | 92111 | ||||
Albertsons |
28090 South Western Ave | San Pedro | CA | 90732 | ||||
Albertsons |
1636 W 25th St | San Pedro | CA | 90732 | ||||
Albertsons |
2010 Cliff Dr. | Santa Barbara | CA | 93109 | ||||
Albertsons |
3943 State St. | Santa Barbara | CA | 93105 | ||||
Albertsons |
9870 Magnolia Ave | Santee | CA | 92071 | ||||
Albertsons |
2707 Via De La Valle | Del Mar | CA | 92014 | ||||
Albertsons |
1736 Avenida De Los Arboles | Thousand Oaks | CA | 91360 | ||||
Albertsons |
6240 Foothill Blvd | Tujunga | CA | 91042 | ||||
Albertsons |
7800 Telegraph Road | Ventura | CA | 93004 | ||||
Albertsons |
5770 Lindero Canyon Rd | Westlake Village | CA | 91362 | ||||
Albertsons |
21500 Yorba Linda Blvd. | Yorba Linda | CA | 92887 | ||||
Albertsons |
5135 Los Angeles Avenue | Simi Valley | CA | 93065 | ||||
Albertsons |
2800 Cochran | Simi Valley | CA | 93065 | ||||
Albertsons |
21672 Plano Trabuco Rd. | Trabuco Canyon | CA | 92679 | ||||
Albertsons |
350 W San Ysidro Blvd | San Ysidro | CA | 92173 | ||||
Albertsons |
3500 Panama Lane | Bakersfield | CA | 93313 | ||||
Albertsons |
7900 White Lane | Bakersfield | CA | 93311 | ||||
Albertsons |
8200 E Stockdale Hwy | Bakersfield | CA | 93311 | ||||
Albertsons |
2400 Las Posas Rd | Camarillo | CA | 93010 | ||||
Albertsons |
920 N. Ventura Rd. | Oxnard | CA | 93030 | ||||
Albertsons |
8850 Foothill Blvd. | Rancho Cucamonga | CA | 91730 | ||||
Albertsons |
1910 N. Campus Ave. | Upland | CA | 91784 | ||||
Albertsons |
771 Foothill Blvd | San Luis Obispo | CA | 93405 | ||||
Albertsons |
1321 Johnson Ave | San Luis Obispo | CA | 94301 | ||||
Albertsons |
2627 Lincoln Blvd | Santa Monica | CA | 90405 | ||||
Albertsons |
6235 E Spring St | Long Beach | CA | 90808 | ||||
Albertsons |
2910 Bicentennial Parkway | Henderson | NV | 89009 | ||||
Albertsons |
575 College Drive | Henderson | NV | 89015 | ||||
Albertsons |
190 N. Boulder Hwy | Henderson | NV | 89015 | ||||
Albertsons |
1120 Campbell Street | Baker City | OR | 97814 | ||||
Albertsons |
8155 S.W. Hall | Beaverton | OR | 97005 | ||||
Albertsons |
16200 S.W. Pacific Hwy. | Tigard | OR | 97224 | ||||
Albertsons |
14300 S W Barrows Rd | Tigard | OR | 97223 | ||||
Albertsons |
1800 N.E. 3rd Street | Bend | OR | 97701 | ||||
Albertsons |
61155 S. Hwy 97 | Bend | OR | 97702 | ||||
Albertsons |
1675 W. 18th Avenue | Eugene | OR | 97402 | ||||
Albertsons |
3075 Hilyard St. | Eugene | OR | 97405 | ||||
Albertsons |
340 N E Beacon Drive | Grants Pass | OR | 97526 | ||||
Albertsons |
1690 Allen Creek Road | Grants Pass | OR | 97527 | ||||
Albertsons |
14800 S E Sunnyside Rd | Clackamas | OR | 97015 | ||||
Albertsons |
16199 Boones Ferry Road | Lake Oswego | OR | 97035 | ||||
Albertsons |
5450 River Rd. N. | Keizer | OR | 97303 | ||||
Albertsons |
16030 S W Tualatin Sherwood Rd | Sherwood | OR | 97140 | ||||
Albertsons |
1855 Blankenship Rd | West Linn | OR | 97068 | ||||
Albertsons |
10830 S.E. Oak | Milwaukie | OR | 97202 | ||||
Albertsons |
3520 Pacific Ave S E | Olympia | WA | 98501 | ||||
Albertsons |
8611 Steilacoom Blvd. S.W. | Tacoma | WA | 98498 |
Albertsons |
31009 Pacific Hwy South | Federal Way | WA | 98003 | ||||
Albertsons |
2900 Wheaton Way | Bremerton | WA | 98310 | ||||
Albertsons |
15840 1st Avenue South | Burien | WA | 98148 | ||||
Albertsons |
12725 First Ave. S. | Burien | WA | 98168 | ||||
Albertsons |
17171 Bothell Way N.E. | Seattle | WA | 98155 | ||||
Albertsons |
2800 Milton Way | Milton | WA | 98354 | ||||
Albertsons |
19881 SR 2 | Monroe | WA | 98272 | ||||
Albertsons |
114 E Lauridsen Blvd | Port Angeles | WA | 98362 | ||||
Albertsons |
11012 Canyon Rd. East | Puyallup | WA | 98373 | ||||
Albertsons |
14215 SE Petrovitsky Rd | Renton | WA | 98058 | ||||
Albertsons |
3925 236Th Ave N E | Redmond | WA | 98053 | ||||
Albertsons |
2222 NW Bucklin Hill Road | Silverdale | WA | 98383 | ||||
Albertsons |
17520 SR 9 Southeast | Snohomish | WA | 98290 | ||||
Albertsons |
450 N. Wilbur Avenue | Walla Walla | WA | 99362 | ||||
Albertsons |
1128 N. Miller | Wenatchee | WA | 98801 | ||||
Albertsons |
111 S. 38Th Street | Tacoma | WA | 98408 | ||||
SUPERVALU | ||||||||
Store Name | Address | City | State | Zip Code | ||||
Albertsons |
303 91st Ave. N.E. | Everett | WA | 98205 | ||||
Albertsons |
14019 Woodinville-Duvall Rd | Woodinville | WA | 98072 |