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Australian Safeway Pty Ltd (trading as Safeway Supermarkets) was a chain of supermarkets in Australia from 1963 to 2017. The supermarkets were initially part of Safeway Inc. but were absorbed by Woolworths Limited (now Woolworths Group) in 1985. [1]
- Announced 22 August 2008; 15 years ago, Rebrand completed 6 June 2017; 6 years ago
- Retail
- 1963; 60 years ago
After the arrival of American supermarket giant Safeway in Australia in 1962, Safeway Australia was bought by Woolworths in 1985. Woolworths Limited acquired all of the Safeway stores and the naming rights in exchange for a 20% equity interest in Woolworths Limited.
- 22 September 1924; 99 years ago
- Woolworths Group
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Feb 22, 2024 · "Woolworths bought Safeway, which had 126 stores, and that gave it a major leg up in Victoria." Starting mid-last century, Coles and Woolworths became ubiquitous around Australia. ( Supplied ...
Media related to Safeway (Australia) at Wikimedia Commons. Australian Safeway Pty Ltd (trading as Safeway Supermarkets) was a chain of supermarkets in Australia from 1963 to 2017. The supermarkets were initially part of Safeway Inc. but were absorbed by Woolworths Limited (now Woolworths Group) in 1985.
In 1985, the acquisition of 126 Safeway supermarkets in Victoria, New South Wales and Queensland (including Food Barn branded stores) made Woolworths the largest food retailer in Australia. As part of the purchase of Safeway's Australian stores, Safeway Inc acquired a 20 percent interest in Woolworths Limited. [14]
- 22 September 1924; 99 years ago
- Bella Vista, New South Wales, Australia
- 215,000 (2020)
- A$63.67 billion (2020)
Shopping. The American supermarket company, Safeway, purchased three Pratt’s supermarkets in Victoria in 1963. The first was the successful Pratt’s Supermarket (with rooftop parking) in Frankston, Victoria. These stores continued to trade as Pratt’s, later Safeway Pratt’s, for a number of years.
The Safeway acquisition gave the US company a 19.9 per cent stake in the Woolworths group. It lifted Woolworths’ share of the Australian national retail market from around 8 per cent to 11 per cent.
