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Sobeys Inc. is the second largest food retailer in Canada, with over 1,500 supermarkets operating under a variety of banners, in cities like Toronto, Winnipeg, Halifax, Calgary, Ottawa, Mississauga, Regina, Moncton or Saskatoon.
In 1907, Sobeys was founded in Stellarton, Nova Scotia by John W. Sobey as a meat delivery business. In 1924 his son Frank H. Sobey convinced him to expand into a full grocery business, serving the industrial Pictou County region. From that point until his death, Frank was the driving force behind the business. Sobeys opened its first self-serve supermarket in 1949.
The chain eventually expanded throughout Atlantic Canada. During most of the second half of the 20th century it was the region’s dominant grocer. Though Sobeys remained the second largest grocery chain in Canada, it was the third place chain in most of the provinces outside the Atlantic, and the successful purchase of A&P Canada would have helped to bolster its position in Ontario.
In June 2013, Sobeys announced the purchase of Safeway’s Canadian operations for $5.8 billion, subject to regulatory approval. The acquisition will add Safeway’s 214 locations, primarily located in Western Canada, to its portfolio. Sobeys has not yet determined whether it will maintain the Safeway brand post-acquisition.
Source: www.wikipedia.com
If you are interested in knowing more about the company, its statements, products, and special offers or discounts, please visit www.sobeys.com
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