We review Sobeys’ second quarter performance and its priorities for the second half of the year. Q2 key numbers Total sales increased 4.4% to $7,643m Same-store sales, ex-fuel, increased 3.1% Excluding fuel, gross margin increased 58 basis points, driven mainly by Project Horizon initiatives Net earnings increased 8.3% to $190m Strength in discount and conventional supermar...

Sobeys’ Farm Boy banner opened its latest store with the conversion of a former Sobeys Urban Fresh location in downtown Toronto. We showcase some of the key features of this new store. Acquired to spearhead Sobeys’ push in urban locations Sobeys acquired Farm Boy at the end of 2018, in a deal designed to help the retailer drive its penetration in urban locations. At the point of acquisition...

In June, Sobeys’ parent company, Empire Company Limited, became co-owner of Scene+, an established loyalty programme in Canada. With a plan to transform it into one of the country’s leading loyalty programmes, the retailer has embarked on national roll-out. We look at how it’s launching the programme in-store in western Canada. National roll-out to be completed by early 2023 Sobeys commence...