The Pleasanton-based supermarket operator says that discussions are ongoing but that it hasn’t yet reached an agreement. It added that it isn’t certain that the talks will end in a deal.
The Seattle-based coffee company has said it’s hiking prices on average by 1 percent nationally starting Tuesday. But it says the price for many drinks, such as medium and large brewed coffees and Frappuccinos, won’t change in most of its 11,000 U.S. cafes.
A family-run grocery chain with outlets in San Francisco, Marin and Davis is planning to shut down most of its stores in the next few weeks.
Safeway Inc. says its third-quarter net income fell 4.7 percent, as the national grocery chain paid out severance and sales weakened slightly.