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1946
- In 1946, Sobey's opened its first supermarket in New Glasgow after purchasing the operations to Barker Store.
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Sobeys was founded in Stellarton, Nova Scotia by John W. Sobey, a former carpenter, in 1907 as a meat delivery business. In 1921, Sobey's son, Frank, became a partner of the company and added six new grocery stores serving the Pictou County and Antigonish County regions.
Our History. A proudly Canadian business, here’s how Sobeys Inc. has grown from a small meat delivery business in Stellarton, Nova Scotia to more than 1,600 stores across the country. Scroll across to see Sobeys Inc. grow through the years to become the iconic Canadian company it is today.
- Interest in Other Companies
- Crombie REIT
- Safeway
- Market Share
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- In 1983 Sobeys acquired 25% of Hannaford Brothers giving it an interest in the US market. That stake was later sold for $1.03B (July 2000). - 42.8% of Crombie Reit May 2013 worth $622.7m up from $420.7m a year earlier (% is down from 42.9% February 2013, 43.0% November 2012, 44.6% before that), the largest landlord in Atlantic Canada (it also own...
As of May 2013 Crombie Reit has interest in 13,872,103 gross square feet of leasable area. Largest properties: Avalon Mall, Newfoundland (595th), Aberdeen Business Centre, New Glasgow (401th). Nearly all properties >100th in size are in Atlantic Canada however the company has a couple large retail plazas in Quebec (Greenfield Plaza 183th), Saskatch...
On June 12, 2013 Empire Company's offer of C$5.8 billion cash for Safeway Canada was accepted by the California-based retailer. The deal increases Empire Company's locations from 1575 to 1788. Most Safeway Canadian stores are in Western Canada which is great since Empire Company didn't have much market share out there (BC is home to only 32 Empire ...
Based on data from the 2012 calendar year we can assume that Loblaw Companies market share is ~75% greater than Sobeys (based strictly on food retailing revenue at Loblaws and Empire Company Ltd). According to various sources (including Galen Weston Sr) each week Loblaw locations are visited by 14 million Canadians. Based on total food sales in the...
Losing out on A&P in July 2005 to Metro Inc. There was a bidding war between Metro and Sobeys but Sobeys was adament about not giving A&P a 15% stake in Sobeys which was something A&P preferred. A&P ended up costing Metro $1.7 billion (includes $500 million worth of Metro stock). ** Why losing A&P put Sobeys back: A&P operated over 200 stores under...
2006 - 1296 (543 corporate, 753 franchised); 60 drug stores (incl) 2010 - 1334 (633/701); 79 Lawtons 2011 - 1337 (629/708); 79 Lawtons 2013 - January - 1575 (736/839); Lawtons 79; gas stations 260 (236 shell/24 fast fuel), IGA 318 (stable), 29), 9 Cash and Carry, Price Chopper 15 (-30), FreshCo 68 (+11), Thrifty Foods 27 (+1), Needs 127 (-7), Roche...
The First Sobeys is Built. J.W. builds a store in Stellarton to sell to walk-in traffic, and expands his offerings to first include local vegetables, dairy and fish products, and then later oats, hay and other animal feed, kerosene, and staple food products.
In June 2007, Sobeys celebrates its 100th birthday and Empire Company Limited acquires the outstanding common shares of Sobeys that it did not own for $1.06 billion, resulting in a 100% ownership position. In September, Sobeys acquires Thrifty Foods for $253.6 million.
Jan 14, 2022 · It all started in 1907 when John William (J.W.) Sobey began delivering meat via horse and buggy in Stellarton, Nova Scotia. Wanting to target foot traffic in the area too, he built the first Sobeys store in 1912 and added local produce, dairy, fish and other staples to his product offerings.
Jul 5, 2017 · It all started in the Maritimes with a horse and buggy loaded with meat. After retiring from a career in mining in 1907, J.W. Sobey delivered meats around his local Stellarton, N.S. community before his son, Frank Sobey, convinced him to start a shop.
