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This excerpt taken from the SWY 10-Q filed May 1, 2009. Capital Expenditure Program Safeway invested $243.5 million in capital expenditures in the first quarter of 2009. The Company opened one new Lifestyle store, completed 10 Lifestyle remodels and closed three stores. Safeway has reduced planned capital expenditures in 2009 from $1.2 billion to approximately $1.0 billion and now plans to open approximately 10 new Lifestyle stores and complete approximately 100 Lifestyle remodels.
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Table of ContentsSAFEWAY INC. AND SUBSIDIARIES This excerpt taken from the SWY 10-Q filed Oct 8, 2008. Capital Expenditure Program Safeway invested $1,007.3 million in capital expenditures in the first 36 weeks of 2008. The Company opened eight new Lifestyle stores, completed 119 Lifestyle remodels and closed 13 stores. For the year, the Company now expects to spend $1.65 billion to $1.70 billion in capital expenditures, open approximately 20 new Lifestyle stores and complete approximately 240 Lifestyle remodels. This excerpt taken from the SWY 10-Q filed Jul 17, 2008. Capital Expenditure Program Safeway invested $676.8 million in capital expenditures in the first 24 weeks of 2008. The Company opened four new Lifestyle stores, completed 68 Lifestyle remodels and closed seven stores. For the year, the Company expects to spend $1.70 billion to $1.75 billion in capital expenditures, open approximately 20 new Lifestyle stores and complete approximately 250 Lifestyle remodels. This excerpt taken from the SWY 10-Q filed Apr 28, 2008. Capital Expenditure Program Safeway invested $373.1 million in capital expenditures in the first quarter of 2008. The Company opened one new Lifestyle store, completed 22 Lifestyle remodels and closed four stores. For the year, the Company expects to spend $1.70 to $1.75 billion in capital expenditures, open 20 to 25 new Lifestyle stores and complete 250 to 255 Lifestyle remodels. This excerpt taken from the SWY 10-Q filed Oct 16, 2007. Capital Expenditure Program Safeway invested $1.2 billion in capital expenditures in the first 36 weeks of 2007. The Company opened six new Lifestyle stores, completed 158 Lifestyle remodels and closed 29 stores. For the year, the Company expects to spend approximately $1.7 billion in capital expenditures, open approximately 20 new Lifestyle stores and complete approximately 260 Lifestyle remodels. This excerpt taken from the SWY 10-Q filed Jul 23, 2007. Capital Expenditure Program Safeway invested $753.1 million in capital expenditures in the first 24 weeks of 2007. The Company opened five new Lifestyle stores, completed 82 Lifestyle remodels and closed 26 stores. For the year, the Company expects to spend approximately $1.7 billion in capital expenditures, open approximately 20 new Lifestyle stores and complete approximately 260 Lifestyle remodels. This excerpt taken from the SWY 10-Q filed Apr 27, 2007. Capital Expenditure Program Safeway invested $385.9 million in capital expenditures in the first quarter of 2007. The Company opened one new Lifestyle store, completed 23 Lifestyle remodels and closed seven stores. For the year, the Company expects to spend approximately $1.7 billion in capital expenditures, open approximately 25 new Lifestyle stores and complete approximately 275 Lifestyle remodels. This excerpt taken from the SWY 10-Q filed Oct 13, 2006. Capital Expenditure Program Safeway invested $1.1 billion in capital expenditures in the first 36 weeks of 2006. The Company opened 9 new Lifestyle stores and completed 149 Lifestyle remodels. For the year, the Company expects to spend approximately $1.65 billion in capital expenditures and open approximately 20 new Lifestyle stores and complete approximately 275 Lifestyle remodels. This excerpt taken from the SWY 10-Q filed Jul 21, 2006. Capital Expenditure Program Safeway invested $741.3 million in capital expenditures in the first 24 weeks of 2006. The Company opened 5 new Lifestyle stores and completed 80 Lifestyle remodels in the first half of 2006. For the year, the Company expects to spend approximately $1.6 billion in capital expenditures, open approximately 20 new Lifestyle stores, and complete approximately 280 Lifestyle remodels. This excerpt taken from the SWY 10-Q filed May 3, 2006. Capital Expenditure Program Safeway invested $413.5 million in capital expenditures in the first quarter of 2006. The Company opened one new Lifestyle store and completed 24 Lifestyle remodels. For the year, the Company expects to spend
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Table of ContentsSAFEWAY INC. AND SUBSIDIARIES This excerpt taken from the SWY 10-Q filed Oct 20, 2005. Capital Expenditure Program
Safeway invested $856 million in capital expenditures in the first 36 weeks of 2005. The Company opened 13 new Lifestyle stores and completed 156 Lifestyle remodels. For the year, the Company expects to spend approximately $1.5 billion in capital expenditures and open approximately 25 new Lifestyle stores and complete approximately 290 to 295 Lifestyle remodels. By year-end 2005, approximately 26% of Safeway’s store base will be in the Lifestyle format.
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Table of ContentsSAFEWAY INC. AND SUBSIDIARIES This excerpt taken from the SWY 10-Q filed May 5, 2005. Capital Expenditure Program
Safeway invested $216.1 million in capital expenditures in the first quarter of 2005. The Company opened 7 new stores and completed 28 Lifestyle remodels. For the year, the Company expects to spend approximately $1.4 billion in capital expenditures and open approximately 30 new Lifestyle stores and complete approximately 280 to 290 Lifestyle remodels. By year-end 2005, Safeway estimates that 25% of its store base will be in the Lifestyle format.
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Table of ContentsSAFEWAY INC. AND SUBSIDIARIES MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
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