Safeway to exit Chicago by early 2014, profit falls
Oct 10 (Reuters) - Safeway Inc on Thursday said that it plans to leave the Chicago market by early next year and posted a sharply lower earnings for the third quarter.
Safeway, the second-largest mainstream grocery store operator, currently runs 72 Dominick's stores in the Chicago area.
Its net income fell to $65.8 million, or 27 cents per share, in the fiscal third quarter that ended on Sept. 7, down from $157 million, or 66 cents per share, a year earlier.
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