date:Jun 30, 2014
The 50 stores Sobeys plans to close include units acquired from Safeway as well as locations that carry some of the chains existing banners, the company told investors Thursday.
Its 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 range of 20,000 square fe