Safeway 2000 Annual Report Download - page 2

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COMPANY PROFILE
Safeway Inc. is one of the largest food and drug retailers
in North America. As of December 30, 2000, the compa-
ny operated 1,688 stores in the Western, Southwestern,
Rocky Mountain and Mid-Atlantic regions of the United
States and in western Canada. In support of its stores,
Safeway has an extensive network of distribution, manu-
facturing and food processing facilities.
In early February 2001, Safeway acquired Genuardi’s
Family Markets, Inc. which, at the close of the transaction,
operated 39 stores in Pennsylvania, Delaware and New Jersey.
Safeway also holds a 49% interest in Casa Ley,
S.A. de C.V., which at December 30, 2000 operated 97
food and general merchandise stores in western Mexico.
PERCENTAGE OF STORES WITH
SPECIALTY DEPARTMENTS
2000 1996
Bakery 94% 80%
Deli 95 91
Floral 90 94
Pharmacy 69 58
MANUFACTURING AND
PROCESSING FACILITIES
Year-end 2000
U.S. Canada
Milk Plants 73
Bread Baking Plants 62
Ice Cream Plants 42
Cheese and Meat Packaging Plants 12
Soft Drink Bottling Plants 4–
Fruit and Vegetable Processing Plants 23
Other Food Processing Plants 31
Pet Food Plant 1–
28 13
CONTENTS
Letter to Stockholders 2
Growth Through Leadership 5
Company in Review 14
Five-Year Summary Financial Information 18
Financial Review 19
Consolidated Financial Statements 23
Notes to Consolidated Financial Statements 29
Management’s Report 44
Independent Auditors’ Report 45
Directors and Principal Officers 46
Investor Information 47