- Safeway CEO Steve Burd reportedly plans to reduce labor costs by seeking employee buyouts at three of its divisions this year. Burd specified Southern California, but did not identify the other two.
- Target Stores said yesterday that it will have its dollar store section – dubbed “One Spot” – in all of its more than 1,200 stores by the end of next month, after a successful test of the concept in 125 units. Company president Gregg Steinhafel said the results of the test were “stronger than expected.”
