News

 

Sobey's to close 50 grocery stores

Grocery chain announces it will close 50 stores across Canada

If there is a Sobey's grocery store in your neighbourhood, it might not be there much longer.

The parent corporation, Empire Company, has just announced that it will close about 50 Sobey's stores across Canada.  

60 percent of those stores are in Western Canada.   

Empire does not specifically say how many jobs will be lost but it has set aside $137 million for severance, site closing, and other costs.

Sobey's purchased Safeway stores recently for $5.8-billion and made it clear it would find 'synergies.'

Leave a comment:

showing all comments · Subscribe to comments
  1. JohnH_6636 posted on 06/26/2014 10:10 AM
    Though my neighbourhood has over 10 grocery stores within a five minute drive by road or highway, Sobey's was not one of them. The No Frills is closest, then Fresh Co. , we have 2 Fortinos, 2 Longos, a Hasty Market and 3 Walmarts around us. The former Dominion which became Metro was empty for a long time, but one of the Longos is expected to move in. The Fresh Co. was a Price Chopper that we expected to become Sobey's but didn't. Despite the glut of stores, you can still never find everything at just one of them. The one item we got at Metro existed nowhere else, and we still cannot find it. McCormick's Garlic and Herb spice mix. It simply is not sold.
    It is never good to lose jobs, but I am shocked how long these stores stay open with so many in a small area.
  2. Greg posted on 06/26/2014 01:59 PM
    I think we have 2 Sobey's here in London and one of them is very close to downtown so I doubt that one has closed. Part of the problem may be the recent influx of Asian owned-operated grocery stores. We've lost 2 Metro's and a Price Chopper to these stores that I know of. There was an incident in a residential neighbourhood that involved a stabbing. When the cops showed up they found 13 or so Asians living in a house that had been divided up into a bunch of different rooms. Come to find out they all worked at one of theses stores and the store's owner owned the house. The workers were basically working for room and board.
  3. Francis posted on 06/26/2014 06:23 PM
    I've checked them all and No Frill kicks butt when it comes to prices and value.
showing all comments

Your GTA

Sign Up For Breaking News Alerts

Becoming a member only takes 60 seconds! Members get access to exclusive information and products that non-members do not, including concert ticket presales, trips, advance notice on upcoming entertainment events, movie screening passes, music giveaways and more!

Login with Facebook

Stay connected 24/7! Receive breaking news and programming alerts right to your inbox. CLICK HERE to sign-up.

Today's Poll

The TDSB has appointed a panel to look into the Hamid Aminzada murder. Will it make a difference?

Voting is restricted to one vote every 24 hour(s) VoteResults

Top Stories

Facebook

Twitter