Sobeys eyeing discount option for struggling stores

Sobeys is pondering a rollout of a discount format in Western Canada, as sales challenges at acquired Safeway stores there persisted in the first quarter, officials said late Thursday.

Francios Vimard, the interim CEO who replaced Marc Poulin at the head of the Stellarton, Nova Scotia, company in July, said Sobeys posted positive same-store sales outside of Western Canada, but that overall sales and tonnage was down as Canadians sought more value.

For the period,

Register to view the full article

TAGS: News
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish