Safeway (NYSE:SWY)

SafewaySafeway is a grocery store chain operating with 1,326 stores. The chain’s revenue in millions in 2014 was $36,330 and it employed approximately 137,000. Safeway does not report their average number of SKUs, but they carry an assortment of grocery items including fresh produce, flowers and gifts, pharmacy items, and health and beauty products. Their mission states that Safeway earns the loyalty of the people they serve by first anticipating, then fulfilling their needs with superior-quality products, a unique shopping experience, customer-focused service and continuous innovation, while generating long-term profitable growth for shareholders.
Safeway was acquired by private equity investors in January 2015 and is now a private company. Thus, it will not be included in future iterations of the Good Jobs Score.

Safeway’s Good Jobs Score Overview

Customer/Employee Scores
Productivity/Customer Scores
Productivity/Employee Scores


Safeway’s Customer Score

Additional Customer Data

The Good Jobs Customer component is comprised of ACSI, Consumer Reports, and Yelp scores (see Methodology for more details). Although not part of the Good Jobs Score, the following table provides additional data on customer satisfaction.


Safeway’s Employee Score

Safeway Glassdoor Rating Trend
Additional Employee Data

The Good Jobs Employee component is comprised of Glassdoor and Indeed scores (see Methodology for more details). Although not part of the Good Jobs Score, the following charts provide additional data on employee satisfaction and level of unionization.

  • The above charts provide additional information as measured by They serve to show Safeway’s relative position to its peer-group and do not imply a causal relationship between the dimensions.


Safeway’s Productivity Score

Sales / SQFT
Sales / Employee
Inventory TurnoverVI
more performance data
Fiscal year end12/31/201112/29/201212/28/20131/3/2015
Number of employees178,000171,000138,000137,000
Number of stores1,3771,3461,3351,326
Total store sqft² (m)65.163.863.463.1
Average store size (sqft²)47,27747,40047,49147,587
Revenue (m)$35,357$35,162$35,065$36,330
Gross margin (%)29.66%29.08%28.88%26.65%
EBITDA margin (%)5.23%4.96%4.44%4.29%
Same-store sales growth (%)1.10%0.80%1.70%2.80%
Source: 10-K filings with the S.E.C.


Safeway’s CEO Robert L. Edwards

CEO-to-Cashier pay ratio
Pay ratio methodology
We follow a methodology established by the Economic Policy Institute. CEO compensation data is collected from Compustat’s annual executive compensation database and, where needed, extended by companies’ FAB 14A proxy filings with the S.E.C.. Hourly cashier compensation is collected from Glassdoor, with an average sample size of N=293. Annual cashier pay is estimated by multiplying hourly pay by 40 hours/week and 52 weeks.
CEO Approval
This metric, as collected by, represents a reviewer’s positive/neutral/negative rating of the current CEO. The CEO approval percentage is the share of reviewers who rate the CEO positively.


Safeway’s Disclosure Details

The following data are based on SASB disclosure recommendations for the Human Capital dimension in the restaurant industry. They will be updated once SASB provides recommendations for the retail industry.

Voluntary Turnover RateNot Reported
Involuntary Turnover RateNot Reported
Average Hourly Wage (by region)Not Reported
% of Employees at Minimum WageNot Reported
Amount of legal/regulatory fines and settlements associated with labor law violationsNot Reported
Amount of tax credit received for hiring through enterprise zone programs
(these State and Local government programs encourage companies to create jobs in specific geographic area targeted for economic revitalization)
Not Reported

Footnotes   [ + ]