PROFILE |
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Decline and fall? Not for this Empire of supermarkets, food distribution, and real estate. Empire Company owns just over 60% of Sobeys, Canada's #2 grocery chain (after Loblaw). Sobeys owns or franchises about 1,400 grocery stores across Canada under names such as IGA, Sobeys, Foodland, Knechtel, Food Town, Price Chopper, and Boni Choix; it distributes food to those stores and others. Empire's SERCA Foodservice unit distributes food to hotels, restaurants, and other institutions. Controlled by the Sobey family, Empire also runs Lawtons drugstores, manages commercial real estate (especially shopping centers in Canada's Maritime Provinces), operates movie theatres, and owns 48% of equipment distributor Wajax.
COMPETITION |
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Canada Safeway Limited (dossier)
Loblaw Companies Limited (L)
Metro Inc. (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: April
2000 Sales (mil.): 7,540.50
1-Yr. Sales Growth: 72.2%
Employees: 34,000
Revenue per employee: $221,779.41
KEY PEOPLE |
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Paul D. Sobey
CEO
Paul V. Beesley
CFO
CONTACT INFO |
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115 King St.
Stellarton Nova Scotia B0K 1S0, Canada
Phone: 1-902-755-4440
Fax: 1-902-755-6477
Online: Web Site
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