Company Overview - Safeway, a subsidiary of Albertsons Companies, is planning to close 12 stores across the United States, primarily in Colorado, Nebraska, and New Mexico [1][2] - The company currently operates over 900 stores nationwide [1] Store Closures - Ten of the closures will occur in Colorado, with one store each in Nebraska and New Mexico [1] - The closures are attributed to store performance, indicating a strategic decision based on operational evaluations [2] Industry Trends - Retail store closures are part of a broader trend referred to as the "retail apocalypse," affecting various retailers including grocery chains [3][4] - Other grocery retailers, such as Kroger, are also reducing their brick-and-mortar presence, with Kroger announcing plans to close 60 stores by mid-2026 [4]
Safeway closing stores: Full list of doomed locations as the Albertsons-owned grocery chain trims footprint