Safeway will open four new stores this year.
It will also turn six existing stores into hypermarkets and extend 15 other stores at a total cost of £450m.
Its first hypermarket will open in Plymouth, Devon, in November. A total of 30-40 is eventually planned.
Financial Times 17/05/01 page 24
The Daily Telegraph 17/05/01 page 37
The Independent 17/05/01 page 17, page 20 (Investment)
The Guardian 17/05/01 page 26
The Times 17/05/01 page 29