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Sobeys Inc. [4] is a national supermarket chain in Canada with over 1,500 stores operating under a variety of banners. Headquartered in Stellarton, Nova Scotia, it operates stores in all ten provinces and accumulated sales of more than C$25.1 billion [3] in the fiscal 2019 operating year.
Safeway (also referred to as Canada Safeway) is a Canadian supermarket chain of 135 full service supermarket stores mostly operating in the western provinces in Canada.It was established in 1929 as a subsidiary of the American Safeway Inc., before being sold in 2013 to Canada's second-largest supermarket chain, Sobeys, a division of the conglomerate Empire Company. [1]
Acquired by Sobeys as part of its purchase of the Oshawa Group Ltd., it now operates primarily in Quebec. The IGA operations in Atlantic Canada were sold to Loblaw Companies Limited (except for Edmundston , Shediac and Dieppe which runs as IGA-Co-op, previously acquired by Sobeys New Brunswick ) and were restructured under its existing brands.
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Sobeys completed the sale five months later while keeping the Safeway banner on its newly acquired stores while changing private labels to be more inline with those used by its new parent. [ 47 ] In October 2013, Safeway announced that it would close and sell its remaining Dominick's stores in the Chicago area by early 2014.
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IGA Extra launched in the early 2000s to take the place of Sobeys locations in the Quebec City and Montreal areas. In 2015, several Co-op Atlantic stores became IGA stores supplied by Sobeys Quebec after Co-Op decided to exit the grocery store business. In Quebec, IGA also operates smaller supermarkets.
On September 24, 2018, Empire Company Limited, parent of the Sobeys chain of supermarkets, announced that it had signed an agreement to purchase Farm Boy from Berkshire Partners and Farm Boy's management shareholders [2] in a deal worth CA$800 million. Regulatory approval was required for the purchase. [12]