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report on business
Competition Bureau to study grocery stores' real estate clauses that may prevent others from operating nearby
Food inflation ticked higher in Canada in May for the first time in nearly a year. A customer shops in the produce section at a grocery store In Toronto on Friday, Feb. 2, 2024. THE CANADIAN PRESS/Cole Burston
cost of living
Which travel credit card is right for you? We ranked Canada’s top choices
report on business
Private-label food got more popular thanks to inflation – but now it’s here to stay
No Name logos and products are pictured at a Loblaws store in Ottawa on Wednesday, Aug. 21, 2024. THE CANADIAN PRESS/Sean Kilpatrick
opinion
Why big is sometimes better: Canada’s concentrated grocery sector has its merits, too
Mike von Massow
inside the market
Market movers: Stocks that saw action on Thursday - and why
Produce is shown at a west-end Toronto Sobeys grocery store, Sunday, June 26, 2023.
report on business
Sobeys parent Empire sees modest sales increase in first quarter
The Competition Bureau says it has obtained two court orders requiring the parent companies of Loblaws and Sobeys to hand over information related to its investigation into alleged anti-competitive conduct. Shoppers at a west-end Toronto Sobeys grocery store, Sunday, June 26, 2023. THE CANADIAN PRESS/Graeme Roy
inside the market
What every Canadian investor needs to know today
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2024. REUTERS/Brendan McDermid
report on business
Grocers are facing government crackdowns, but will it lead to change?
Galen G. Weston of Loblaw Companies Limited, left, speaks with Michael Medline, President and CEO of Empire Company Limited as they wait to appear as witnesses at the Standing Committee on Agriculture and Agri-Food (AGRI) investigating food price inflation in Ottawa, Wednesday, March 8, 2023. THE CANADIAN PRESS/Spencer Colby
canada
Nova Scotia opposition parties take aim at new ‘gimmicky’ buy local point program
Nova Scotia's opposition leaders call the province's new program aimed encouraging people to buy local "gimmicky" and "laughably stupid." Nova Scotia Premier Tim Houston speaks to reporters at the Council of the Federation in Halifax on Tuesday, July 16, 2024. THE CANADIAN PRESS/Darren Calabrese
cost of living
Yes, loyalty program devaluations are irritating. But there are ways to still find value
Barry Choi
report on business
Sobeys parent sees comparable sales growth, declining adjusted profits as shoppers feel inflation
A Sobeys grocery store is pictured near Laird Dr/Eglinton Ave in Toronto on March 14, 2024. (Laura Proctor/The Globe and Mail)
report on business
Pay rises at grocer Metro, but executives see cuts at Sobeys’ parent
A Metro grocery store in Stouffville, Ont. is photographed on Jan 12, 2023. Fred Lum/The Globe and Mail.
report on business
Sobeys will reject new supplier requests for price hikes: CEO
Industry Minister François-Philippe Champagne says he will be announcing the initial commitments he's secured from grocers to stabilize prices later today. Produce is shown at a west-end Toronto Sobeys grocery store, Sunday, June 26, 2023. THE CANADIAN PRESS/Graeme Roy
canada
Canada’s grocery retail sector one of the most competitive on Earth, Sobeys CEO says
New Democrat MP Alistair MacGregor says he has reviewed the major grocers' plans to stabilize prices and was unimpressed by what was in them. MacGregor rises during Question Period on Parliament Hill, in Ottawa on Friday, Feb. 17, 2017. THE CANADIAN PRESS/Justin Tang
politics
Grocery store chains now have two-week deadline to provide pricing plans, says House committee
Produce is shown at a west-end Toronto Sobeys grocery store on Sunday, June 26, 2023. The House of Commons agriculture committee is asking the heads of Canada's major grocery chains to testify about their plans to stabilize grocery prices after the federal government announced commitments secured from the grocers. THE CANADIAN PRESS/Graeme Roy
obituary
Third-generation grocer David Sobey grew Sobeys into a national chain
TORONTO, ONT - May 2, 2007 - SOBEY CHAIRMEN EMERITUS - David Sobey, the 70-something chairman emeritus of Sobeys, were in Toronto for their induction into the business hall of fame wednesday night. (Photo by Peter Power/the Globe and Mail)
report on business
Former Sobeys chief executive and chairman David Sobey dies at 92
David Sobey announces that the Sobey family empire is donating $18 million to Saint Mary's University at an event at the school in Halifax on Thursday, March 21, 2019. David Sobey, a former chief executive and chair of the Sobeys Inc. grocery store chain, has died. He was 92 years old. THE CANADIAN PRESS/Andrew Vaughan
report on business
Empire reports first-quarter profit and sales up from year ago
A Sobeys grocery store sign is seen in Halifax on Thursday, Sept. 11, 2014. A national grocery chain said Sunday that it's no longer a sponsor of a series of "wellness" expositions where a man convicted in the death of his toddler was listed as a featured speaker.THE CANADIAN PRESS/Andrew Vaughan
energy and resources
Shell agrees to divest some western assets to get Competition Bureau approval on Empire deal
FILE PHOTO: A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo
report on business
Sobeys parent Empire hikes dividend 10.6% as six-year turnaround plan wraps up
A Sobeys grocery store in Toronto on March 16. 2021. Sobeys parent company Empire purchases a controlling stake in Longo’s and Grocery Gateway. (Melissa Tait / The Globe and Mail)
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