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Sobeys Inc. is a national supermarket chain in Canada with over 1,500 stores operating under a variety of banners. Headquartered in Stellarton, Nova Scotia, it operates stores in all ten provinces and accumulated sales of more than C$25.1 billion in the fiscal 2019 operating year.
In February 2014, it was announced that Overwaitea would purchase 15 stores from Sobeys, three in Alberta and twelve in British Columbia. The stores purchased were under the Safeway, Thrifty Foods and Sobeys banners and all were converted to become Save-On-Foods stores.
Founded in 1963, the company is headquartered in Stellarton, Nova Scotia and owns the Sobeys supermarket chain. In total, the company owns, affiliates or franchises more than 1,500 stores; in addition to Sobeys, brands include Safeway, IGA, Foodland, Farm Boy, FreshCo, Thrifty Foods and Lawtons Drug.
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In Canada (apart from British Columbia), IGA is a group of independent grocers supplied by Sobeys, which franchises the name. Acquired by Sobeys as part of its purchase of the Oshawa Group Ltd., it now operates primarily in Quebec.
It was established in 1929 as a subsidiary of the American Safeway Inc., before being sold in 2013 to Canada's second-largest supermarket chain, Sobeys, a division of the conglomerate Empire Company. Independent since 2013 from the American company (owned by Albertsons ) it continues to use the same Safeway name and logo as of May 2023.
A Dalhousie University study in late 2022 for example found that Loblaw, along with Canada's two other largest grocers, Metro and Sobeys, had all reported yearly profits that were "above average" compared to their five-year averages. Critics argued that these companies were "profiteering at a time when food prices are rising at the fastest rate ...
Frank Hoyse Sobey, OC (May 24, 1902 – December 15, 1985) was a Canadian businessman and art collector who was the primary builder of the Sobeys chain of supermarkets.
The Sobey School of Business is the business school of Saint Mary's University (SMU), located in Halifax, Nova Scotia, Canada. Originally established in 1934 as the Saint Mary's University Faculty of Commerce, the program was one of the first business programs in Canada.
Sobeys opened its first South Asian–focused FreshCo store in August 2015 in Brampton. Branded as Chalo FreshCo (chalo meaning "let's go" in India based languages like Punjabi, Hindi, Marathi, Gujarati, and Bengali), it is billed as the first grocery store in Canada for "desis".