Safeway plc. Annual Report and Accounts 2002
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Safeway plc Annual Report and Accounts 2002

Contributing editors

Kevin Hawkins
Simon Laffin
Miles Collins
Steve Webb
Janey Berry

Safeway Registered Office
6 Millington Road
Hayes, Middlesex
UB3 4AY
020 8848 8744

Internet
www.safeway.co.uk

Group Company Secretary & Legal Director
David Wilson

Registrars
Computershare Investor Services PLC
PO Box 435, Owen House
8 Bankhead Crossway North
Edinburgh
EH11 4BR

Auditors
KPMG Audit Plc

Principal bankers

HSBC Bank plc
The Royal Bank of
Scotland plc
Credit Suisse First Boston

Solicitors
Clifford Chance LLP

Stockbrokers
WestLB Panmure Limited
CSFB de Zoete
& Bevan Limited

Design and production
Addison

Photography
Food photography:
Ian O’Leary
Location photography:
Andrew Wilson
Board photography:
John Wildgoose
Product photography:
Ben Jennings
Andrew Wilson
Front cover:
Ian O’Leary
Inside back cover:
Andrew Wilson
 
hello... experience our passion for quality and value
         
Our goal is to be the first choice for those customers who have the opportunity to shop locally in a Safeway store.

To deliver this goal we will focus on:
– product and price, and be
– best at fresh
– best at availability and
– best at customer service
  Chairman’s statement
David Webster summarises Safeway’s performance during the year and highlights some of the key developments in our industry.

Chief executive’s review
Our new formats, product ranges, value offer and the commitment of Safeway people are the themes of Carlos Criado-Perez’s review of the year.

Best at fresh
Leadership in product standards and innovation is a core brand value of New Safeway and we are rapidly making this a reality.

Our New Safeway stores
The roll-out of New Safeway is accelerating – here each of our new store formats is described and illustrated, including a tour of our first megastore.

Best deals
We continue to develop our weekly flyers to drive sales locally.
  Best availability
Keeping our shelves full throughout the trading day remains a key priority and our performance goes from strength to strength
.
Best customer service
The key to being best at customer service is to train and motivate our colleagues better than our competitors – which is exactly what we’re doing.

Our corporate responsibilities
We take our responsibilities to all our stakeholders very seriously. Here we outline what we have been doing and what our priorities are for the current year.

The Safeway Board

Building for a profitable future

Simon Laffin reports on our financial performance.