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Steven A. Burd

Safeway

1993 - Present

Retail

1990 b. 1942
male
EducationTwoDegree
UndergraduateCarroll College
GraduateMA, University of Wisconsin
Personal
Born-Died1942
BirthplaceNorth Dakota (ND)
RaceWhite
FatherExecutive, High-Level
Era - 1990

Burd implemented an extensive cost-cutting plan, which included deep cuts in capital expenditure, enabling the company to lower the shelf prices in its stores and to boost revenue. Once costs were under control, Burd began expanding the company through a period of acquisitions, acquiring major food store chains in California, Illinois, Alaska and Texas. The improved, larger Safeway is now the third largest retail food chain in terms of sales, with revenues of $28.9 billion, and has earned Burd recognition as one of retailís best CEOs.