Safeway 2011 Annual Report Download - page 26

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SAFEWAY INC. AND SUBSIDIARIES
The table below details changes in the Company’s store base and presents the Company’s cash capital expenditures over
the last five years (dollars in millions):
2011 2010 2009 2008 2007
Total stores at beginning of year 1,694 1,725 1,739 1,743 1,761
Stores opened:
New 633 8 13
Replacement 19 11 5 12 7
25 14 8 20 20
Stores closed 41 45 22 24 38
Total stores at year end 1,678 1,694 1,725 1,739 1,743
Remodels completed (1)
Lifestyle remodels 29 60 82 232 253
Other remodels –7102115
29 67 92 253 268
Number of fuel stations at year end 400 393 388 382 361
Total retail square footage at year end (in millions) 79.2 79.2 80.1 80.4 80.3
Cash paid for property additions $ 1,094.7 $ 837.5 $ 851.6 $ 1,595.7 $ 1,768.7
Cash paid for property additions as a percentage of
sales and other revenue 2.5% 2.0% 2.1% 3.6% 4.2%
(1) Defined as store remodel projects (other than maintenance) generally requiring expenditures in excess of $0.2 million. Excludes
pharmacy refurbishments.
In 2012, the Company expects to spend approximately $0.9 billion in cash for capital expenditures. At year-end 2011,
87% of Safeway’s store base were Lifestyle stores. Safeway expects to eventually convert most of the remaining stores to
Lifestyle stores.
Financial Information about Segments, Geographic Areas and Sales Revenue by Type of Similar Product Note
N to the consolidated financial statements set forth in Part II, Item 8 of this report provides financial information about
the Company’s segments, geographic areas and sales revenue by type of similar product.
Trade Names and Trademarks Safeway has invested significantly in the development and protection of “Safeway”
both as a trade name and a trademark and considers it to be an important asset. Safeway also owns more than 300 other
trademarks registered and/or pending in the United States Patent and Trademark Office and other jurisdictions, including
trademarks for its product lines such as Safeway, Safeway SELECT, Rancher’s Reserve, OORGANICS, Lucerne, Primo
Taglio, Eating Right, mom to mom, waterfront BISTRO, Bright Green, Pantry Essentials, In-Kind, Open Nature, Refreshe,
Snack Artist, Signature Café and Priority, and other trademarks such as Pak’N Save Foods, Vons, Pavilions, Dominick’s,
Randalls, Tom Thumb, Genuardi’s and Carrs Quality Centers. Each trademark registration is for an initial period of 10 or
20 years, depending on the registration date, and may be renewed so long as it is in continued use in commerce.
Canada Safeway also has registered numerous trademarks in Canada. Canada Safeway has invested significantly in
“Safeway” both as a trade name and a trademark and considers it to be an important asset in Canada. Canada Safeway
owns and has registered in Canada approximately 200 trademarks, most of which replicate trademarks owned in the
United States by Safeway. In addition to those trademarks used in common with Safeway, Canada Safeway owns certain
trademarks unique to its business in Canada. For example, Canada Safeway has registered the trademarks, “Macdonalds
Consolidated” and “Family Foods” in connection with wholesale distribution of merchandise to independent grocers. In
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