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October 09, 2015 7:14 PM ET

Food and Staples Retailing

Company Overview of Sobeys Inc.

Company Overview

Sobeys Inc. engages in the food retailing business. It operates through five operating segments: Sobeys West, Sobeys Ontario, Sobeys Quebec, Sobeys Atlantic, and Lawtons. The company operates full service, fresh service, community service, discount service, convenience service, and other format stores that provide food, health care, beauty, cosmetics, convenience, and giftware products. As of August 1, 2015, it owned or franchised approximately 1,500 stores in 10 provinces under the Sobeys, Safeway, IGA, Foodland, FreshCo, Price Chopper, Thrifty Foods, and Lawtons Drugs, as well as approximately 350 retail fuel locations. The company was founded in 1907 and is headquartered in Stellarton, Ca...

115 King Street

Stellarton, NS B0K 1S0


Founded in 1907



Key Executives for Sobeys Inc.

Chief Executive Officer, President and Chief Executive Officer of Empire Company Limited
Age: 53
Chief Financial & Administrative Officer
Age: 53
President of Operations - Western Canada
President of IGA Operations Business Unit
President of Operations - Ontario Region
Age: 57
Compensation as of Fiscal Year 2015.

Sobeys Inc. Key Developments

Sobeys Inc. Launches Chalo! FreshCo in Brampton, Ontario

Sobeys Inc. announced the opening of Chalo! FreshCo in Brampton, Ontario, the Company's first South Asian focused discount grocery store.

Sobeys Plans to Open Automated Distribution Centers in Ontario and Alberta

Sobeys announced that it will open automated distribution centers in Ontario and Alberta.

Sobeys Inc. to Slash 1,300 Jobs

Sobeys Inc. announced that it is preparing to shave 1,300 jobs in the wake of its takeover of Safeway Canada to consolidate its distribution and office operations and cut costs. The company is closing three of its distribution centres and launching a new one as well as an expanded one in the next couple of years. Those closings and the job losses, including some at its offices, resulted in Empire recording a $103-million charge in its latest quarter. Sobeys bought last month its new distribution centre in Rocky View, just north of Calgary, from insolvent Target Canada for $50 million. It will be updated and partly automated. Sobeys and other grocers are under pressure to slim down their costs as they take on U.S. global behemoths Wal-Mart Stores Inc. and Costco Wholesale Corp., while Canadian leader Loblaw Cos. Ltd. sharpens its game. It closed an ice cream and cheese manufacturing plant in Winnipeg, consolidating production in a facility in Edmonton and cutting 50 jobs. In its upcoming moves, it will close its Milton, Ont., distribution centre after its expanded automated centre in Vaughan, Ont., launches in October of 2016. And its Calgary 42nd Avenue centre will close after its recently acquired former Target distribution centre opens in mid-2017. It expects its King Edward centre in Winnipeg to close early in 2016.

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