Overview
Revenue
$19925.542726 million
Headquarters
Stellarton, NS
Empire Company Limited (TSX: EMP.A) is a Canadian company headquartered in Stellarton, Nova Scotia. Empire’s key businesses are food retailing, through wholly-owned subsidiary Sobeys Inc., and related real estate. With approximately $25.6 billion in annualized sales and $13.8 billion in assets, Empire and its subsidiaries, franchisees and affiliates employ approximately 123,000 people. Decline and fall? Not for this Empire of supermarkets, food distribution, movie theaters, and real estate. Empire Company owns Sobeys, Canada's #2 grocery chain (after Loblaw). Sobeys runs some 1,335 food and drug stores across Canada under names such as Sobeys, IGA, Foodland, Price Chopper, and Lawton's Drug; it distributes food to its company-owned stores and other retailers. Wholly-owned Empire Theatres operates about 50 theaters (380 screens) in eight provinces and is the #2 movie exhibitor in Canada. Empire is also party to a joint venture with oil and gas properties in Alberta. Controlled by the Sobey family, Empire also develops and manages commercial and, to a lesser extent, residential real estate. Empire Company Limited (Empire) comprises an empire of supermarkets, food distribution, and real estate investments. The company operates through wholly-owned subsidiary Sobeys, a chain of more than 1,500 food and drug stores across Canada under names such as Sobeys, Safeway, FreshCo, and IGA, as well as more than 350 retail fuel locations. Additionally, the company distributes food to its own stores and other retailers. Empire invests in commercial real estate through stakes in real estate investment trust Crombie REIT and residential property developer Genstar. Empire and its subsidiaries, franchisees, and affiliates employ approximately 127,000 people. Try D&B Hoovers Free Empire Company Limited (Empire) comprises an empire of supermarkets, food distribution, and real estate investments. The company operates through wholly-owned subsidiary Sobeys, a chain of more than 1,500 food and drug stores across Canada under names such as Sobeys, Safeway, FreshCo, and IGA, as well as more than 350 retail fuel locations. Additionally, the company distributes food to its own stores and other retailers. Empire invests in commercial real estate through stakes in real estate investment trust Crombie REIT and residential property developer Genstar. Empire and its subsidiaries, franchisees, and affiliates employ approximately 127,000 people.
