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Safeway Inc.: The food retailer reported net...

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From Times Staff and Wire Reports

Safeway Inc.: The food retailer reported net income of $26.7 million for the first quarter ended March 23, up 78% from $15 million for the year-ago period. The Oakland-based company had sales of $3.4 billion, up 1.9% from last year. The company cited sales gains and improved gross margins.

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