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  • Safeway Inc. posted a nine percent drop in third quarterly earnings, falling to $281.3 million from $309.2 million during the same period a year earlier. Safeway's same-store dropped 0.7 percent in the third quarter, with Identical store sales, which exclude replacement stores, down 1.4 percent. Total sales were up to $8.1 billion from $8 billion a year earlier on new store openings.

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