TradePoint Helps Safeway Launch eDeals Solution for Promotion Allowance Management.PLEASANTON, Calif. -- TradePoint Solutions, a leading provider of web-based services for streamlining promotion allowances, announced today that Safeway Inc. (NYSE NYSE See: New York Stock Exchange :SWY) has launched eDeals, a web-based platform for electronic promotion allowance management. This platform, powered by TradePoint Solutions, enables Safeway and its vendors to reduce the costs of managing promotions and strengthen relationships with trading partners for the benefit of consumers. "eDeals drives costs out of the promotion process, allowing Safeway to collaborate more effectively with our trading partners and offer deeper discounts to our customers. eDeals makes Safeway a more competitive retailer," said Brian Cornell, EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition Marketing at Safeway. "Retail promotions involve manual processing of millions of paper forms. eDeals helps Safeway automate and streamline the promotion process and lower the processing cost. Forward-thinking retailers like Safeway are always looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. this type of solution to make their operations more effective and efficient," said Mike Frandsen, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of TradePoint Solutions. eDeals is a hosted web solution that automates promotion workflow and replaces a paper-based process with a web-accessible database archive. Safeway's rollout of eDeals is well underway, and leading suppliers are now submitting promotions electronically. The rollout will continue through this year until all promoting vendors are brought online. About Safeway Safeway Inc. is a Fortune 50 company and one of the largest food and drug retailers in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. based on sales. The company operates 1,815 stores in the U.S. and Canada and had annual sales of $35.6 billion in 2003. The company's common stock is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol SWY. About TradePoint Solutions TradePoint Solutions is the leading provider of web-based services that simplify the presentation, negotiation and documentation of promotion allowances. Headquartered in Pleasanton, California Pleasanton, nicknamed "P-town"<ref name="">Ptown (Pleasanton) Bike Advocates Meeting, East Bay Bicycle Coalition website, August 14, 2007, retrieved August 17, 2007, is a city in Alameda County, California and was incorporated in 1894. , TradePoint can be contacted at 925-460-0501 or at www.tradepointsolutions.com. |
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