Steve Burd, chairman and CEO of Safeway, is calling again for market-based health care reform. Initiatives that encourage employees to adopt healthier lifestyles have helped lower Safeway's health care costs, Burd said.
Income, education level and perceived food price all affect the overall diet of U.S. adults, a new survey found. People in higher socioeconomic groups, especially women and whites, generally have the healthiest diets.
Tom Thumb, Minyard, Kroger and Albertsons are adapting their strategies to better compete with Wal-Mart in the Dallas-Fort Worth region. Albertsons is remodeling stores, Minyard is focusing on the Hispanic-focused Carnival banner and Tom Thumb is adding more organic, natural foods to its Lifestyles store format.
Steven Burd, Safeway's chairman, president and CEO, earned $2.29 million in 2004, including a base salary of $1.14 million and bonuses totaling about $1.15 million, according to an SEC filing. The Los Angeles Times reported Burd also exercised stock options worth $17.2 million in 2004.