STELLARTON, N.S. - Empire Co. Ltd. is planning to convert up to a quarter of its 255 Safeway and Sobeys stores in Western Canada to its discount FreshCo banner over the next five years. The company (TSX:EMP.A) made the announcement as it posted a loss in its latest quarter as it was hit by restructuring costs. Empire says it lost $23.6 million or nine cents per share for the 13-weeks ended Nov. 4 compared with a profit of $33.1 million or 12 cents ...
12-13-2017, 10:52 PM
Empire plans to expand FreshCo banner
STELLARTON, N.S. - Empire Co. Ltd. is planning to convert up to a quarter of its 255 Safeway and Sobeys stores in Western Canada to its discount FreshCo banner over the next five years. The company (TSX:EMP.A) made the announcement as it posted a loss in its latest quarter as it was hit by restructuring costs. Empire says it lost $23.6 million or nine cents per share for the 13-weeks ended Nov. 4 compared with a profit of $33.1 million or 12 cents ...
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