Sobeys' Investments Yield Sharp Sales, Profit Gains

Empire Cos. said same-store sales at its Sobeys division rose 7.6% in the third quarter, which the company attributed in large part to successful operating improvements. Perry Caicco, an analyst at CIBC World Markets, Toronto, said the results for the quarter which also included a big jump in profitability reflect a long period of investment in new technologies and in

STELLARTON, Nova Scotia — Empire Cos. here said same-store sales at its Sobeys division rose 7.6% in the third quarter, which the company attributed in large part to successful operating improvements.

Perry Caicco, an analyst at CIBC World Markets, Toronto, said the results for the quarter — which also included a big jump in profitability — reflect a long period of investment in new technologies and in store remodels at Sobeys, which is the second-largest operator in Canada beh

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