STELLARTON, Nova Scotia (FNS) -- Sobeys here is converting 18 corporate IGA outlets in Ontario to the Sobeys banner. It's also franchising another 27 corporate IGA and Price Chopper stores that it now owns as a result of its $1.02 billion ($1.5 billion Canadian) purchase of the Oshawa Group of Toronto last year. The acquisition also resulted in sales tripling for the fourth quarter ended May 1 to $1.83 billion and operating profit doubling to $28.2 million from a year earlier. The latest ...
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