Safeway lesson

Intro

We will be introducing SAFEWAY,

SAFEWAY is an American supermarket chain founded by Marion Barton Skaggs in April 1915 in Idaho. Their headquarters are based in Pleasanton, California, USA. Their revenue is almost at 38 billion USD with an economic value of  17.2 billion USD. The chain provides grocery items, food and general merchandise and features a variety of specialty departments, such as bakery, floral and pharmacy, as well as Starbucks coffee shops and fuel centers.

We intend to talk about the benefits of working at Safeway and its inconvenient assurance of it’s future. And to finish off we will give our general opinion about this supermarket chain.

One the one hand the company offers amenities for their workers like health and insurance benefits, more precisely;

 - a health insurance

- a life insurance

- a dental insurance

- a temporary or long-term disability insurance

And a vision insurance

They offer as well retirement & financial benefits such as :

-a Profit Sharing

-a four hundred and one thousand dollar plan

And a defined contribution pension plan

These contributions are tax deductible for employers and tax-free for workers.

On the other hand the downsides of Safeway, its business which can be improved to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better like Costco or Walmart. The intensifying competition in organized retail, the low customer loyalty since they seek low prices and a menace from local convenience stores in countries like Russia and Netherlands. These are the threats to Safeway’s business.

The biggest con against Safeway's delivery service is its app, which isn't user-friendly or easy to navigate. We recommend just ordering from their website instead. According to the company's website, the delivery window is limited to the hours of 8 a.m. to 10 p.m., but Safeway has same-day delivery, depending on availability.  Which needs improvement.

We share the same opinion of the fact that this market chain really cares about the well-being of their employees by providing them employer-sponsored retirement plans that help guarantee a dependable income source later in life. Safeway, Inc. offers defined contribution pension plans. With a defined contribution pension plan, employers help workers save and invest for retirement. Likewise their stock charts are increasing even more which landed a deal that consists on merging businesses with Kroger that we think it’s their greatest move yet because it can provide a better revenue and no one’s complaining about it since it’s a good supply chain and it is effective to their customers as well as their employees. However they have received a few complaints about their prices raising which can be improved but other than that this market chain is a great business.