Description: Soon Sobeys will become the second largest food grocery chain in Canada behind Loblaw further increasing the competitive landscape in the grocery retail sector in Canada. Sparked by the arrival of Target in Canada, the grocery retail sector has recently seen several major changes.
Source: Financial Post
Date: June 12 2013
Questions for Discussion:
- Is the acquisition a good strategy for Sobeys?
- How will the consolidation of the grocery sector influence prices?
- Do you foresee any other major strategic changes in the grocery sector?
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