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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.
August 2006 Sobey's acquires Achille de la Chevrotière Ltée, including its grocery chain of about 25 stores in Quebec and Ontario. This costs $79.2 million. July 15, 2007 Empire re-buys the remaining outstanding Sobey's share, making it once again an entirely owned subsidiary. September 2007 Sobeys buys Thrifty Foods for $256.6 million.
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.
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.
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On March 8, 1915, Robert C. Kidd purchased a store at 746 Columbia Street in New Westminster, British Columbia.He developed several innovative merchandising techniques to attract customers to his store including odd-penny pricing and selling 18 ounces of tea for the price of a pound.