September 30, 2016 9:15 PM ET

Food and Staples Retailing

Company Overview of Sobeys Inc.

Company Overview

Sobeys Inc. engages in the food retailing business. 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 June 27, 2016, it owned or franchised approximately 1,500 stores in 10 provinces under the Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, and Lawton’s Drug Stores names, as well as approximately 350 retail fuel locations. The company was founded in 1907 and is headquartered in Stellarton, Canada. Sobeys Inc. is a subsidiary of Empire Company Limited.

115 King Street

Stellarton, NS B0K 1S0

Canada

Founded in 1907

Phone:

902-752-8371

Key Executives for Sobeys Inc.

Interim Chief Executive Officer and Interim President
Age: 54
Interim Chief Financial Officer
President of Operations - Western Canada
President of Quebec Business Unit
President of Sobeys East
Age: 51
Compensation as of Fiscal Year 2016.

Sobeys Inc. Key Developments

Sobeys Inc. Announces Resignation of Marc Poulin as President & CEO

The Boards of Directors of Sobeys Inc. announced that President & CEO Marc Poulin has left the company effective immediately.

Sobeys Inc. Appoints Lyne Castonguay as Chief Merchandising Officer

Sobeys Inc. announced the appointment of Lyne Castonguay as Chief Merchandising Officer for the company. Ms. Castonguay will oversee all aspects of Sobeys go-to-market strategy, with responsibility for category management, marketing, data insights, research, procurement, private label and merchandising as well as the company's digital strategy. For the past 14 years Ms. Castonguay has held progressively senior positions with The Home Depot both in Canada and, for the past 12 years, the United States, most recently serving as Senior Vice President, Home Services.

Sobeys Inc. Appoints Beth Newlands Campbell to Lead Atlantic/Ontario Business Unit

Sobeys Inc. announced the appointment of Beth Newlands Campbell as President of the company's Atlantic/Ontario business unit. An experienced grocery industry leader, Ms. Newlands Campbell has spent 30 years in progressively senior operations marketing, merchandising and strategic planning roles with Delhaize's U.S. operations, including the Hannaford Supermarkets and Food Lion banners. Most recently, Ms. Newlands Campbell was President of Food Lion. Ms. Newlands Campbell will report to Mr. Poulin and serve as a member of the Sobeys Inc. Leadership Committee. Her appointment is effective immediately.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 12, 2016
Portfolio of 19 Retail Properties, 50% Interest in 3 Distribution Centers and 2 Parcels of Land
 

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