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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 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.
The payroll card account may be held as a single bank account in the employer's name. In that case, the bank account holds the payroll funds for all employees of that company using the payroll card system, and an intermediary limits each employee's draw to an amount specified by the company for a specified pay period.
The program also had a Visa credit card offered by Scotiabank, although it was discontinued on August 31, 2019. A partnership was later established to offer bonus points at More Rewards partnered grocery stores when paying with any CIBC -branded credit or debit card.
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]
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 ...
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Since 2018, the company is majority owned by the Sobeys grocery chain's parent company, Empire Company Ltd. [2] The retailer markets itself as selling fresh produce and food products, emphasizing their branding on farm-to-table. Its current slogan can be found under the Farm Boy sign on its stores, "It's All About The Food."