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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.
September 2007 Sobeys buys Thrifty Foods for $256.6 million. 2011 Sobeys purchases 236 retail gas locations for $214.9 million in Québec and Atlantic Canada. [5] June 2013 Empire buys all of Safeway Canada's stores for $5.8 billion; September 2018 Empire announces intent to buy Farm Boy stores in an $800 million deal. [6]
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.
The school is consistently ranked as one of the top business schools in Canada. Most recently, Quacquarelli Symonds [2] (QS) placed Sobey's MBA program in the top ten in Canada. 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 ...
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. The company-owned stores west of Quebec now mainly operate under the Sobeys banner.
A Dalhousie University study in late 2022 for example found that Loblaw, along with Canada's two other largest grocers, Metro and Sobeys, had all reported yearly profits that were "above average" compared to their five-year averages. Critics argued that these companies were "profiteering at a time when food prices are rising at the fastest rate ...
Canada Post announces plans to review whether or not to continue rural individual mail delivery services to 843,000 Canadian customers. [7] 2013 Canada Post announces the phase-out of door-to-door mail delivery in urban centres, and announces an increase in the price of a stamp from $0.63 to $1 ($0.85 in bulk).
In 2015, Co-op Atlantic sold its grocery distribution operations to Sobeys. As part of the sale, Sobeys became the wholesale supplier for its member-owned grocery stores, while five Co-op grocery stores were sold to Sobeys and converted to Foodland , and five gas stations were sold to Sobeys and rebranded as either Shell or FastFuel.