Search results
Results from the Tech24 Deals Content Network
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.
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]
Sobeys was founded in Stellarton, Nova Scotia by John W. Sobey, a former carpenter, in 1907 as a meat delivery business. In 1921, Sobey's son, Frank, became a partner of the company and added six new grocery stores serving the Pictou County and Antigonish County regions. In 1946, Sobey's opened its first supermarket in New Glasgow after ...
In 2004, the Jim Pattison Group agreed to pay $125,000 per year for 10 years for the Save-On-Foods name rights on Victoria’s new arena, [4] amidst unpopular public opinion. [5] In February 2014, the company announced it was taking over 14 stores on Vancouver Island owned by Sobeys, mostly under the Safeway and Thrifty Foods banners. [6]
FreshCo Ltd. is a Canadian chain of discount supermarkets owned by Sobeys. [2] It was launched in March 2010. [3] As of September 2023, there were 100 FreshCo stores. In December 2017, Sobeys Inc. announced plans to re-brand up to 64 stores in western Canada currently under the Safeway and Sobeys names into the FreshCo banner.
IGA, Inc., is a franchised chain of grocery stores that operates in more than 41 countries. Unlike chain stores, IGA franchises are independently owned and operated. Many of these stores operate in small-town markets and belong to families that manage them. IGA was founded in the United States as the Independent Grocers Alliance in 1926.
Empire Company Limited is a Canadian conglomerate engaged mostly in food retail and corporate investments. Founded in 1963, the company is headquartered in Stellarton, Nova Scotia and owns the Sobeys supermarket chain. [3] In total, the company owns, affiliates or franchises more than 1,500 stores; in addition to Sobeys, brands include Safeway ...
On July 19, 2005, after beating out Sobeys in a bidding war, Metro announced that it had reached an agreement with The Great Atlantic & Pacific Tea Company, Inc. and its subsidiary, A&P Luxembourg S.à.r.l., to acquire all of the issued and outstanding common shares of A&P Canada, for an acquisition price of $1.7 billion, consisting of $1.2 billion in cash and $500 million in the form of ...