TSE:EMP.A

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.

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.