Great news for all shareholders, flash market research (google them) did a new profile on SWY. I made $140k over the summer on their research report picks, so this is not something to take lightly. I expect a solid increase in volume this week. Glad to be a shareholder here!
Safeway is trimming help in the stores again, most likely to put a good spin on earnings going forward, A better solution, now that Canada will have earnings separated from continuing operations, start cutting the bloated backstage help. The stores are dealing with more paperwork from backstage....... More
Canada was a profitable division and the earnings will be sadly missed! Perhaps Safeway could off the Vons division to increase the bottom line. The added benefit would be that backstage could eliminate many positions which would be a positive to net earnings.