Sobeys parent company Empire to buy Safeway for $5.8 billion

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 Text link:  http://business.financialpost.com/2013/06/12/sobeys-parent-empire-snaps-up-safeway-canada-for-5-8-billion/ … Continue reading Sobeys parent company Empire to buy Safeway for $5.8 billion