26 June 2014
Empire Co. Ltd., owner of Canadian supermarket chain Sobeys, has announced it will close 50 Sobeys stores, mainly in Western Canada, in order to improve profitability.
Review revealed underperforming stores
The stores are being shut after a review of its store network last Fall revealed a number of underperforming stores. The stores represent 1.5 million square feet of floor space, 3.8% o...