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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 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.
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]
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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.
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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 ]