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Safeway's Strategic Challenges and Morrison's Acquisition
This chapter delves into Safeway's struggles in changing its expensive retail image through initiatives like Safeway savers and loyalty cards, facing fierce competition from Tesco and struggling with store closures. It explores the failed acquisition attempts by bigger companies due to regulatory blocks, leading to Morrison's successful acquisition despite being smaller. The narrative traces Safeway's phased-out history and Morrison's emergence as a dominant player in the UK supermarket industry through strategic decisions and market forces.