Inflation Anticipated: Sobeys

STELLARTON, Nova Scotia The media has been well out in front of looming commodity-cost inflation in Canada, retailer Sobeys here said in a recent earnings call with analysts. We haven't seen nearly the wave of cost increases coming our way yet, said Bill McEwan, president and chief executive officer, Sobeys, which is part of publicly traded Empire Cos. There is time-lag effect of some several months

STELLARTON, Nova Scotia — The media has been well out in front of looming commodity-cost inflation in Canada, retailer Sobeys here said in a recent earnings call with analysts.

“We haven't seen nearly the wave of cost increases coming our way yet,” said Bill McEwan, president and chief executive officer, Sobeys, which is part of publicly traded Empire Cos. “There is time-lag effect of some several months from the

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