Empire COmpany
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Empire reports $125.7M net earnings as it rebounds from Sobeys cyberattackThe company's earnings for the period ended Feb. 4 amounted to 49 cents per share, down from 77 cents per share in the third quarter of the prior fiscal year.CanadaMar 16, 2023
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Grocery store inflation may have peaked, Sobeys owner says as sales rise in Q1Empire Company Ltd., which owns Sobeys and other grocery chains, reported a first-quarter profit of $187.5 million as its sales rose 4.1 per cent compared with a year ago.CanadaSep 15, 2022
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Grocery chain Empire joins ownership group behind Scene+ loyalty programThe addition will allow Scene+ members to earn and redeem points at supermarkets, including Sobeys, Safeway and Foodland.ConsumerJun 7, 2022
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Grocery company Empire reports third quarter sales and profit up from year agoThe company, which owns Sobeys, says the acquisition of Longo's, higher fuel sales and food inflation helped drive profits in the last quarter.MoneyMar 10, 2022
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Sobeys’ parent buys 51% stake in Longo’s for $357 millionEmpire Company Ltd. has signed a deal to buy a majority stake in specialty grocery store chain Longo's and its Grocery Gateway e-commerce business for $357 million.CanadaMar 16, 2021
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Sobeys announces sudden departure of CEO Marc Poulin in wake of huge lossesThe departure comes after Sobeys experienced huge losses after acquiring the franchise Canadian Safeway as part of an expansion to Western Canada.CanadaJul 8, 2016
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