2018-19 SALES RANK | 16 |
2017-18 SALES RANK | 14 |
KEY EXECUTIVES | Michael Medline / president, CEO |
2018-19 SALES (IN BILLIONS $ U.S.) | 18.98 a |
2017-18 SALES (IN BILLIONS $ U.S.) | 18.44 a |
FISCAL YEAR-END | May |
BRANDS/CONCEPTS | Sobeys, Safeway, IGA extra, Thrifty Foods, IGA, Farm Boy, Foodland, FreshCo, Price Chopper, Lawtons Drugs |
HEADQUARTERS | Stellarton, Novia Scotia |
NOTES | Sobeys Inc. (Empire Co. Ltd.) — During its latest fiscal year, in December 2018, Sobeys acquired the Farm Boy grocery store chain, with 26 locations operating at the time and a 27th due to open during winter 2018, for $800 million (Canadian) from Berkshire Partners and management investors. Latest-year results reflect estimated post-acquisition impact of Farm Boy stores. Sales for Sobeys’ latest year, which will end in May 2019, were estimated by Supermarket News to be $24.92 billion, up 2.9% from FY17-18 fiscal year estimated sales of $24.21 billion (Canadian). |
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