Grocery code of practice proposed to address unfair market

Is a grocery code of practice a good idea? That’s the question being discussed at the moment across Canada. Canada’s second-largest grocery retailer, Empire, and an industry group representing food manufacturers recently agreed to a draft grocery code of practice that they say takes aim at unfairness in the market. Food, Health & Consumer Products […]

Sobeys parent company to take over Longo’s

A significant Canadian grocery shake-up is on the cards. Nova Scotia-based chain Sobeys’ parent company, Empire, has agreed to buy the 51 per cent majority stake in independent Ontario grocery chain Longo’s in a deal worth $357 million. The deal, which would also see Empire acquire Longo’s online service Grocery Gateway, will add the business’ […]

Empire Company reaches agreement to acquire Farm Boy

Press Release Empire Company Limited announced today that it has signed an agreement to acquire Farm Boy, one of the most exciting, fastest growing and successful food retailers in the country, with 26 locations in Ontario and many more on the way, for a total enterprise value of $800 million. Farm Boy’s outstanding fresh format is an excellent […]