The incident, perhaps to him almost routine, came to Safeway's attention through a witness, Coincidentally a fellow Safeway employee—an Administrative Of- fice secretary, whose car, too, would have been involved in the seemingly inevitable multiple smash-up.
This section consists of a narrative history of Safeway. It is currently being rewritten and new pages are being added as they are completed. There is also the original (and somewhat incomplete and inaccurate) version of the history from the early years of this site. It will be removed when the new pages are complete. Photos and other material will also be added, so as long as this notice ...
Safeway crossed the $2 billion national sales mark in 1957, with 1958 stores in operation. Robert Magowan succeeded Ling Warren as Safeway’s president in 1955, much to the relief of many store managers who believed that 20 years was enough and that Warren’s ideas were wearing thin.
Ever since I moved to California, I’d been fascinated by the easily-discernable Safeway prototypes of the past half century, and Safeway is by far the dominant chain in San Francisco. So it’s only natural that my research should have started with this chain, and that its section should be the biggest and best developed on the site.
If the old loss corporation has a net unrealized built-in gain, the section 382 limitation for any recognition period taxable year shall be increased by the recognized built-in gains for such taxable year.
26 U.S. Code § 382 - Limitation on net operating loss carryforwards and ...
Section 382 of the Internal Revenue Code caps how much of a corporation’s pre-change net operating losses can offset taxable income each year after a significant shift in ownership.