Sobeys Completes Safeway Acquisition
STELLARTON, Nova Scotia — Sobeys here on Monday said it had completed its $ 5.8 billion purchase of Safeway Canada. read more Supermarket News
Tag: Sobeys
Sobeys Must Divest 23 Stores: Regulators
OTTAWA, Ontario — Sobeys must sell 23 stores to remedy competition issues related to its acquisition of Safeway Canada, Canada’s Competition Bureau here said Tuesday. read more Supermarket News
Safeway Buy Parallels Sobeys Health Effort
STELLARTON, Nova Scotia — As Sobeys embarks on a major strategic initiative that emphasizes food-focused, fresh-driven offerings, the pending acquisition of Safeway will coincide nicely with that effort, Marc Poulin, … Continue Reading →
Sobeys Announces Partnership With Chef Jamie Oliver
STELLARTON, Nova Scotia — Starting this fall, Sobeys and celebrity chef Jamie Oliver will team up to teach customers about food, nutrition and cooking. read more Supermarket News
Sobeys Sale-Leaseback Funds Safeway Buy
STELLARTON, Nova Scotia — Empire Co. here said Wednesday it has reached an agreement to sell 68 properties in Western Canada to a real estate investment trust to help finance … Continue Reading →
Sobeys Sales, Earnings Rise in Q4
STELLARTON, Nova Scotia — Sobeys posted a sales gain of 5.8% — 2.4% excluding acquisitions — and a 0.6% same-store sales gain in the fiscal fourth quarter, parent company Empire … Continue Reading →
Analysts Watching Sobeys’ ‘Magical’ Safeway Deal
STELLARTON, Nova Scotia — Analysts in Canada last week were still waiting for another shoe to drop in the wake of Empire Cos.’ sweeping announcement that it would acquire Safeway … Continue Reading →
Sobeys to Buy Safeway Canada for $5.8 Billion
STELLARTON, Nova Scotia — Empire Cos., parent of the Sobeys chain here, said Wednesday it would buy Safeway Canada for $ 5.8 billion (Canadian). read more Supermarket News
Sobeys Warehouse Workers End Strike
MILTON, Ontario — United Food and Commercial Workers Local 175 said its members have ended their strike against a Sobeys warehouse here despite opposition to the new contract by union … Continue Reading →
Acquisition Boosts Sobeys’ Q3 Gains
STELLARTON, Nova Scotia — Sobeys here posted a gain in third-quarter sales following a recent acquisition, and adjusted net income also increased. read more Supermarket News