Thursday, June 13, 2013

Safeway Stores Under New Ownership

The parent company of Sobeys is acquiring the Canadian assets of Safeway.

The 5.8-billion-dollar deal is aimed at giving Nova Scotia-based Empire a foothold in Western Canada where Safeway has 213 stores, including one in Fort Frances.

Sobeys owns or franchises more than 13-hundred stores across Canada.

It hasn't decided if the Safeway name will disappear.