Joe Gabriel

Review of Safeway's 2009 Annual Shareholder Meeting

I agree with your comment on charging too much of a premium on Organics. We supply Whole Foods, Trader Joes, and Safeway with Organic Fruit and one of the reasons the product sits on their shelves, unlike their competitors, is their pricing structure and how they market the product. They negotiate very low buying prices and charge triple what their competitors charge for the same product you can buy across the street.


On May 18 03:47 PM RWCMom wrote:

> You buy 10 shares so that you can attend shareholder meetings or
> make shareholder proposals. There is nothing illegal about it.<br/>
>
> What Safeway has to offer is broad inventory, quality house brands
> and locations. I have close access to Target, Trader Joe &amp; Whole
> Foods (across from Safeway) and shop at each of them for different
> items. I can depend on Safeway for branded products my family demands
> and one-stop shopping when time is at a premium.
>
> Although I commend Safeway for entering the organic and green markets,
> they are charging too much of a premium for those products; I can
> pay the same price and get better selection of meats and specialty
> organics at Whole Foods. I can get better priced recycled paper products
> and quirky selection at Trader Joe. However,for working moms, the
> premium may be worth the convenience.