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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]
In February 2014, it was announced that Overwaitea would purchase 15 stores from Sobeys, three in Alberta and twelve in British Columbia. The stores purchased were under the Safeway , Thrifty Foods and Sobeys banners and all were converted to become Save-On-Foods stores. [ 1 ]
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1998 Empire sells 38% of Sobeys, putting it out on the public stock exchange. 2000 Empire sells its 25% stake in Hannaford Bros Co for $1.03 billion. March 2002 Empire sells Serca Foodservice to SYSCO for $411 million. June 2005 When Wajax became an income trust, Empire sold 2.875 million shares for $50.8 million.
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.
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In November, 2018, Corporate Knights placed the Sobey MBA at number 8 in its Better World MBA ranking. [3] It is the most comprehensive business school in Atlantic Canada. [4] In 1992, the Faculty of Commerce was renamed the Sobey School of Business after Frank H. Sobey, the founder of Empire Company Limited and Sobeys.