Empire Company Limited Overview
Pro stress-test →Empire Company Limited is engaged in the business of food retailing, through its wholly owned subsidiary Sobeys Inc., and related real estate. The company owns, affiliates, and franchises retail stores under the Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo's, and Lawtons Drugs brands; operates grocery e-commerce stores under the Voilà, IGA, and ThriftyFoods.com brands; and operates and/or supplies retail fuel locations.
Strategic Profile
Pro stress-test →Empire is a Canadian food retailer operating a national network of Full-Service and Discount grocery stores supported by real estate and technology investments. The company balances diversified retail banners with real estate holdings through Crombie REIT and strategic investments in residential real estate development, providing stability and scale in Canada's competitive grocery market.
Competitive Landscape
Pro stress-test →Empire competes in Canada's oligopolistic grocery sector against Loblaw Companies (Loblaws, No Frills, Shoppers Drug Mart) and Metro Inc., which collectively dominate market share. Loblaw is considered the top choice by some experts due to superior value, Shoppers chain exposure to cities, and better efficiencies. Empire's competitive advantages include its diversified banner strategy and real estate portfolio through Crombie REIT.
Industry Context
Empire Company Limited operates in Grocery Retail / Consumer Staples.
Key facts
Founded: 1907 · Headquarters: Stellarton, Canada · Employees: 128000 · Revenue: $31.36B CAD · Market cap: $11.0B CAD