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Sears eyeing Safeway?

November 13, 2006 | About:

Some retail experts are speculating that Sears Holding Corp. might acquire Safeway Inc., the owner of Dominick's Finer Foods.

While analysts and local retail authorities aren't sure such an acquisition will happen, they believe that the company's chairman might have something up his sleeve.

"It wouldn't surprise me that Sears would buy another company," said Louis W. Stern, John D. Gray Professor of Marketing at Northwestern University's Kellogg School of Management. "But if anything is done, it will be because Edward S. Lampert wants to do it and not because Sears wants to do it."

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