Sobeys news

31 July 2020
Sobeys is converting a further three existing stores to the Farm Boy format, underlining the strength of this format in high density areas. Doubling the network Sobeys acquired Farm Boy at the end of 2018, in a deal designed to help the retailer drive its penetration in urban locations. At the point of acquisition, Farm Boy operated 26 stores in Ontario, with the company announcing plans to...
22 July 2020
Sobeys has launched a new three-year growth strategy, Project Horizon, following the recent completion of its turnaround plan, Project Sunrise. Central to the new strategy is the acceleration of its ecommerce initiatives. Our view: a big bet on ecommerce Much of what has been announced is a continuation of programmes which were underway, including the expansion of Farm Boy and FreshCo, or a...
19 July 2020
We look at how retailers are adapting to the easing of lockdown restrictions in Canada, in-store and through their ecommerce platforms. Most provinces are making solid progress through the different phases of their re-start plans. We look at how retailers in BC are adapting, with the province recently moving into phase three of its four-phase re-start plan. Phased re-start plan As one of Ca...
22 June 2020
Sobeys has launched its Voilà by Sobeys grocery ecommerce service in the Greater Toronto Area (GTA). Partnership with Ocado Sobeys has partnered with UK-based Ocado to launch this service. It has built a Customer Fulfilment Centre (CFC) adjacent to its existing automated distribution centre in Vaughan, Ontario, optimising Ocado’s solution. Robots are used to assemble orders, with Voilà asso...
22 June 2020
We review Sobeys’ fourth quarter performance and the outlook for its new financial year, including the launch of its new ecommerce service and the shift in sales from supermarkets to discount stores. Key numbers Fourth quarter sales increased by 12.7% to $7.0bn, driven mainly by the COVID-19 pandemic Same-store sales increased 18.0% Adjusted net earnings increased 43.2% to $181.2m ...
16 June 2020
Sobeys has extended its partnership with indoor vertical farming company, Infarm, to its Thrifty Foods banner in the Metro Vancouver market. We recently visited one of three stores in the initial roll-out.  Great alignment with Thrifty Foods’ proposition Sobeys launched its partnership with Infarm earlier this year, initially introducing a range of herbs at two Safeway stores in Vancouver. ...
10 June 2020
We look at Sobeys’ on-going expansion of its FreshCo discount chain into western Canada, including plans for its first stores in Alberta. Addressing a weakness in its operations Sobeys’ latest announcement of six additional FreshCo openings takes the total of confirmed locations in western Canada to 28. Currently, 16 of these are trading. The retailer plans to convert around 65 of its exist...
08 May 2020
One year on from its first store opening in western Canada, FreshCo continues to push ahead with its expansion in the region. We review the progress the retailer has made with the format. Planning to convert 60-70 stores The retailer’s 15th store has opened in Kelowna, BC. Sobeys announced plans to bring its FreshCo concept to western Canada in late 2017 as part of its turnaround plan for t...
28 April 2020
Following plans announced earlier this month to accelerate the launch of its Voilà service in the Greater Toronto Area (GTA), Sobeys has started to test orders at its new Customer Fulfillment Centre (CFC). Partnership with Ocado Sobeys has partnered with UK-based Ocado to build the CFC adjacent to its existing automated distribution centre in Vaughan, Ontario, optimising Ocado’s robotic-dri...
20 April 2020
We detail the latest initiatives from Canada’s leading food retailers in response to the Coronavirus pandemic. Loblaw Food stores : it has reduced store hours and limited the number of customers in its busiest stores. The retailer is also moving some service departments, such as seafood, to offer pre-packed products only. It has also stated that it will not change its actions or prices to ...