Sobeys news

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 ...
15 April 2020
In response to the high demand for its existing online grocery services in Quebec and British Columbia, Sobeys is accelerating the planned launch of its Voilà service in the Greater Toronto Area (GTA). Initial testing planned for end of April The Voilà by Sobeys service is being developed in partnership with UK-based Ocado and will be the retailer’s first ecommerce business in the Ontario m...
14 March 2020
We review Sobeys’ third quarter performance as it looks to complete its three-year turnaround plan, Project Sunrise. Key numbers Total sales up 2.4% to $6.4bn Same-store sales (ex-fuel) up 0.8% Operating income up $125m to $235.0m Adjusted net earnings up 69.7% to $123.7m Intensifying price competition Sobeys delivered another solid performance this quarter as it approac...
09 March 2020
Sobeys is partnering with Infarm, a leading indoor vertical farming company, to grow and harvest a range of fresh produce within its stores across Canada. Launching initially in Vancouver Through this partnership, Sobeys will initially introduce a range of herbs at two Safeway stores in Vancouver this Spring before expanding the programme to additional banners in Calgary, Edmonton, Halifax,...
10 February 2020
Sobeys has opened its first Rachelle Béry health boutique outside of Quebec. We recently visited one of the stores in Vancouver. First launch outside of Quebec The concept has recently been incorporated into a remodelled Safeway store in Vancouver and a Sobeys in St. Catharines, Ontario. In Quebec, the Rachelle Béry concept operates as standalone stores and in-store boutiques, featuring wit...
05 February 2020
Sobeys’ parent group, the Empire Company, is partnering with District Ventures to become the title sponsor of the District Ventures’ Accelerator program and District Ventures Kitchen. Helping companies to commercialise their products Established in 2015, District Ventures is led by Arlene Dickinson, one of Canada’s most renowned entrepreneurs and investors. It focuses on bringing capital, m...
13 December 2019
We review Sobeys’ second quarter performance as it enters the final phase of its turnaround plan, Project Sunrise. More promotional marketplace Second quarter sales increased 3.6% to $6.4bn, with same-store sales up 2.0%. Sales growth was broad-based across its formats, with customer count and basket size up. The retailer also saw strong growth in operating income, up 65.2% to $286.4m, supp...
11 December 2019
As the retailer announces plans to open 10 additional stores in Ontario over the next two years, we look at what makes this a powerful format for the retailer. Driving growth in urban locations Sobeys acquired Farm Boy last December in a deal designed to help Sobeys drive its penetration in urban locations. At the time, Ottawa-based Farm Boy operated 26 stores. It was a great acquisition fo...
23 October 2019
Sobeys is partnering with Caper to test an intelligent shopping cart at a store in Oakville, Ontario. Removing customer friction The ‘Smart Cart’ has been developed to enable shoppers to bypass the traditional checkout lane, one of the key friction points within shopping trips. The cart’s technology scans and weighs products as customers place them inside. It keeps a running tally of purcha...
07 October 2019
Sobeys’ parent company, Empire, has formed a partnership with the Canadian Olympic Committee, enabling its family of brands to become the official grocer of Team Canada. Raising awareness of its family of brands This is the first time that a national grocer has formed a partnership with the Canadian Olympic team. The deal will help the retailer, which operates under a range of banners inclu...