Sobeys closures will encompass several banners

The 50 stores Sobeys plans to close include units acquired from Safeway as well as locations that carry some of the chain’s existing banners, the company told investors Thursday.

“It’s not only Safeway and Sobeys,” Marc Poulin, president and CEO of Sobeys, said during a fourth-quarter earnings call.

Stores being closed also operate under the IGA, Cash and Carry and Foodland banners, he noted. All 50 are under-performing, including at least 15 that are fairly small — in the

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