Empire Company is a leading Canadian food retailing and real estate company. Empire’s reportable segments are food retailing (Sobeys Inc.) and investment and other operations. Sobeys serves millions of Canadians with more than 1,500 retail stores and 350 retail fuel locations, operating in all ten provinces and in more than 900 communities across Canada. Empire Company has a 41.5% equity interest in Crombie REIT and 40.7% interest in Genstar. Its portfolio of properties consists of high quality grocery and drug store anchored shopping centers, freestanding stores, and mixed use developments primarily in Canada’s major urban and suburban markets; The company’s Project Sunrise, a three year transformation program is intended to simplify the organizational structure and reduce costs, and subsequently result in at least $500 million in annualized benefits by 2020. With more than a century’s experience under its belt, Empire Company has built a strong reputation of Canada’s most trusted grocer. Customers prefer Empire Company for its fresh and quality products. The company along with an alliance with Ocado will launch a central pick up, home delivery online grocery shopping business by mid-2020.
Looking for the best of the best dividend stocks? The Canadian Dividend Aristocrats list is the perfect place to start. To be included in the Canadian Dividend Aristocrats list, a Canadian company must match the following criteria. The company’s security … Read more
Metro is a leading food and pharmaceutical company based out of Quebec and Ontario and ranks amongst the largest food retailers in Canada. Due to the similar nature of operations, its two business segments, food operations, and pharmaceutical operations are … Read more
Dividend Achievers are dividend growth stocks with at least 10 years of dividend growth behind them. It’s the first step in building your master stock list and finding a solid dividend growth stocks. On the US stock market, there are … Read more
Empire Company is a leading Canadian food retailing and real estate company. Empire’s reportable segments are food retailing (Sobeys Inc.), investment and other operations. Sobeys is one of only two national grocery retailers in Canada. Sobeys is the larger segment … Read more