Safeway

Safeway is a well-established supermarket chain that has been serving communities since 1926. The company began when M.B. Skaggs merged his growing grocery business with the Sam Seelig Company, instantly creating a sizable network of stores across ten states. Over the decades, Safeway became known for practical innovations such as pricing produce by the pound and introducing “sell by” dates, which set new standards for grocery retail. By the late 1930s, Safeway had become the largest grocery chain west of the Mississippi River and was publicly traded on the New York Stock Exchange.

A significant milestone in Safeway’s history occurred in January 2015, when it was acquired by Albertsons Companies, Inc. for $9.4 billion. This acquisition positioned Safeway as a central brand within Albertsons’ extensive national portfolio. As of November 2025, Safeway operates approximately 900 stores, with a footprint concentrated in the Western and Mid-Atlantic United States. The brand continues to prioritize high-density, high-visibility sites in both suburban and urban infill locations, particularly in states like California, Washington, Oregon, Arizona, Colorado, and Maryland.

In the past five years, Safeway has focused on measured expansion, investing in store remodels and opening new locations in select growth markets. The company has also advanced its omnichannel retail capabilities, integrating online shopping and delivery options to meet evolving consumer preferences. Safeway stores are recognized for their full-service grocery format, offering a broad selection of fresh foods, pharmacy services, and fuel centers. Unlike some competitors, Safeway does not franchise its stores, maintaining direct control over its operations and brand standards.

Safeway’s enduring reputation, consistent investment in its physical assets, and integration with Albertsons’ national infrastructure make it a reliable anchor for retail developments. Its adaptability to changing retail formats and commitment to upgrading existing stores signal a stable, forward-looking approach that appeals to landlords, brokers, and developers seeking established tenants with proven drawing power.