Wells Fargo & Co. plans to nearly double its retail banking presence in supermarkets following an agreement with a leading national chain.

Last week, Wells, which currently has 550 supermarket branches, announced it had agreed to place 450 additional banking outlets inside stores operated by Safeway Inc. in California and such other western states as Arizona, Oregon, Washington, and Nevada. The bank already has 77 Safeway branches in Northern California.

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