
Sobeys is owned by Empire Company Limited (TSX: EMP.A), a publicly traded Canadian conglomerate headquartered in Stellarton, Nova Scotia. Sobeys was founded in 1907 by John W. Sobey as a meat delivery business in Nova Scotia. Empire Company operates Sobeys as its primary subsidiary alongside Farm Boy, Foodland, FreshCo, Safeway Canada, IGA, and a 51 percent stake in Longo's. Empire reported approximately $31 billion in annualized sales for fiscal 2025.
Parent Company
Founded
1907
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Sobeys | Empire Company Limited | Subsidiary |
John W. Sobey founded Sobeys in 1907 in Stellarton, Nova Scotia, as a meat delivery business. Sobey delivered meat to customers in the Pictou County area using a horse-drawn wagon. The business was a family operation, with Sobey's wife and children helping with deliveries and operations.
In 1924, John W. Sobey's son Frank Sobey joined the business and pushed for expansion into full grocery retail. The first Sobeys grocery store opened in Stellarton in the 1920s. Frank Sobey was the driving force behind the company's growth, expanding from a single store to a regional chain across Atlantic Canada over the following decades.
The company grew steadily through the mid-20th century, opening stores across Nova Scotia, New Brunswick, and Prince Edward Island. In 1963, Empire Company Limited was established as a holding company for the Sobey family's growing business interests, with Sobeys as its primary operating subsidiary. Empire went public on the Toronto Stock Exchange, though the Sobey family retained controlling ownership.
Sobeys made a major expansion push in the 1980s and 1990s, moving beyond Atlantic Canada into Ontario and Western Canada. The acquisition of Oshawa Group in 1998 for approximately $1.5 billion was a transformative deal, giving Sobeys approximately 800 additional stores and a major presence in the Ontario market. The Oshawa Group acquisition included IGA stores in Quebec and Ontario, significantly expanding Sobeys' national footprint.
In 2013, Sobeys acquired Canada Safeway from Safeway Inc. (now part of Albertsons) for approximately $5.8 billion. The Canada Safeway acquisition gave Sobeys approximately 200 stores in Western Canada, strengthening its position in British Columbia, Alberta, Saskatchewan, and Manitoba. The acquisition required divestiture of some stores to address competition concerns, as required by the Competition Bureau of Canada.
In 2018, Empire acquired Farm Boy, an Ontario-based premium fresh food retailer, for approximately $800 million. Farm Boy operates as a separate banner within Empire's portfolio, targeting a different customer segment than mainstream Sobeys stores. In 2021, Empire acquired a 51 percent stake in Longo's, an Ontario premium grocer, for approximately $700 million.
Sobeys launched Voila by Sobeys, its online grocery delivery service, in 2020. The service uses automated fulfillment centers powered by Ocado Group's technology. The first automated fulfillment center opened in Vaughan, Ontario, in 2020, with a second center in Montreal opening in 2024. Voila has faced challenges including high operational costs and competition from Instacart and Loblaw's PC Express.
As of 2026, Sobeys operates over 1,500 stores across all ten Canadian provinces under multiple banners. The company is Canada's second-largest food retailer, behind Loblaw Companies. Empire reported approximately $31 billion in annualized sales for fiscal 2025.
What does Empire Company own?
Empire Company owns Sobeys Inc., Canada's second-largest grocery chain, which operates approximately 1,500 stores under banners including Sobeys, Safeway, IGA, Foodland, FreshCo, Farm Boy, Thrifty Foods, and Longo's (51% stake). The company also holds a significant investment in Crombie Real Estate Investment Trust, which owns many of the properties occupied by Empire's grocery stores.
Is Empire Company publicly traded?
Yes, Empire Company's Class A non-voting shares trade on the Toronto Stock Exchange under the ticker EMP.A. However, the Sobey family retains effective control through Sobey Inc., which holds a majority of the voting shares. This dual-class structure means public shareholders have limited influence over corporate governance.
Who founded Empire Company?
Empire Company Limited was incorporated in 1963 as a holding company for the Sobey family's grocery business. The grocery operations trace back to 1907, when J.W. Sobey opened a meat delivery business in Stellarton, Nova Scotia. His son, Frank Sobey, expanded the business into a supermarket chain during the 1920s and 1930s.
Where is Empire Company headquartered?
Empire Company is headquartered in Stellarton, Nova Scotia, Canada. The company maintains major operational offices in Mississauga, Ontario, where most day-to-day merchandising, supply chain, and operational management is conducted. Stellarton remains the legal and corporate headquarters.
How many brands does Empire Company own?
Empire Company operates approximately 8 grocery retail banners, including Sobeys, Safeway, IGA, Foodland, FreshCo, Farm Boy, Thrifty Foods, and Longo's. The company also operates Voila by Sobeys, an online grocery delivery service. These banners collectively serve approximately 1,500 stores across all ten Canadian provinces.
Who owns Empire Company?
Empire Company is controlled by the Sobey family through Sobey Inc., a private holding company that holds a majority of the voting shares. The Class A non-voting shares (EMP.A) are publicly traded on the Toronto Stock Exchange and held by institutional investors, mutual funds, and individual shareholders. The Sobey family has maintained controlling ownership since the company's founding in 1963.
What is Empire Company's revenue?
In fiscal year 2026 (ended May 2, 2026), Empire Company reported sales of CAD $31.95 billion, an increase of 2.2% from CAD $31.28 billion in FY2025. Adjusted EBITDA was CAD $2.5 billion, and adjusted earnings per share was CAD $3.24. Food sales accounted for CAD $30.15 billion, with fuel sales contributing CAD $1.81 billion.
Sobeys does not hold independent sustainability certifications that qualify for the allowed sustainability flags. The brand does not appear on the B Lab B Corp directory or hold independently verified certifications for sustainable sourcing, waste reduction, or energy efficiency. No independently verified sustainability flags are listed.
Empire Company Limited publishes a sustainability report outlining its environmental and social initiatives. The company has committed to reducing carbon emissions by 20 percent by 2030, compared to 2019 levels. Empire reported that approximately 60 percent of its electricity consumption came from renewable sources as of 2024.
Sobeys has implemented food waste reduction programs, including partnerships with Second Harvest and Food Banks Canada. The company donates surplus food to food banks and uses anaerobic digestion for food scraps that cannot be donated. Empire reported diverting approximately 70 percent of its food waste from landfills in 2024.
The company has implemented LED lighting upgrades and energy-efficient refrigeration systems across its store network. Sobeys has introduced plastic bag reduction programs and offers reusable bag options. The company has committed to making 100 percent of its private-label packaging recyclable or reusable by 2030.
Sobeys sources products from local farmers and producers through its "Locally Grown" program, which highlights products from regional suppliers. This program operates across all provinces, with particular emphasis on produce, dairy, and meat products. Local sourcing reduces transportation emissions and supports regional economies.
Empire Company has faced criticism over executive compensation. In 2023, CEO Michael Medline's total compensation was approximately $8.5 million, which drew criticism from some shareholder advocacy groups given that many Canadians were facing food affordability challenges. Empire's board defended the compensation as aligned with performance benchmarks.
Sobeys has not received independently verified product quality awards from recognized consumer organizations as of August 2026. As a grocery retailer rather than a product manufacturer, the brand's recognition is primarily commercial and operational.
Empire Company Limited has been recognized by the Retail Council of Canada for retail innovation and community involvement. These are industry association recognitions, not independent consumer organization awards.
Sobeys' Voila by Sobeys online grocery platform received recognition from Canadian Grocer magazine for innovation in digital grocery services. This is trade publication recognition, not an independent consumer award.
No independently verified awards for Sobeys' product quality, sustainability, or customer service have been documented from recognized consumer advocacy organizations as of August 2026.
Sobeys, like all major food retailers, has been subject to product recalls. The Canadian Food Inspection Agency (CFIA) regularly issues recalls for products sold at Sobeys stores. These recalls are typically initiated by suppliers rather than Sobeys itself and affect all retailers carrying the affected products. Notable recalls have included listeria contamination in deli meats (2023), E. coli in romaine lettuce (2022 and 2024), and salmonella in fresh produce (2023).
The Competition Bureau of Canada has investigated the Canadian grocery industry for potential anti-competitive practices. In 2023, the Bureau released a report on Canada's grocery market that found high concentration among the top three retailers (Loblaw, Sobeys, Metro) but did not find evidence of explicit price-fixing. The report recommended measures to increase competition, including reducing barriers for international retailers entering Canada.
Empire Company faced significant integration challenges following the Canada Safeway acquisition in 2013. The integration involved converting Safeway stores to Sobeys' IT systems, supply chain, and private label products. The process took several years and resulted in some operational disruptions and customer complaints. Empire reported approximately $200 million in integration costs related to the Safeway acquisition.
Sobeys has faced labor disputes at various locations. In 2021, employees at a Sobeys-owned Safeway store in Saskatchewan went on strike over wage negotiations and working conditions. The strike lasted approximately two weeks before a settlement was reached. UFCW Canada (United Food and Commercial Workers) represents many Sobeys employees and has periodically raised concerns about wages, scheduling, and working conditions.
The Voila by Sobeys online grocery service has faced criticism for high delivery fees and limited product availability compared to in-store shopping. Some customers have reported issues with product substitutions and delivery delays. The service's automated fulfillment centers have also faced operational challenges, with the Montreal center experiencing delays in its opening (originally planned for 2023, opened in 2024).
Empire Company faced criticism in 2023 over its response to food inflation. As grocery prices rose significantly (approximately 8 percent year over year in Canada in 2023), some consumer advocates called for grocery retailers to reduce prices or increase transparency. Empire, along with Loblaw and Metro, appeared before a parliamentary committee on food inflation in 2023. The companies defended their pricing and noted that food inflation was driven by supply chain costs, not retailer margins.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| George Weston Limited | Canada | 1919 | Mass market | Canada | All-ages | |
| Coles Group | Australia | 1914 | Mass market | Asia pacific | All Genders | |
| Woolworths Group | Australia | 1924 | Mass market | Australia | All-ages | |
| Issa Brothers | United Kingdom | 1949 | Mass market | United kingdom | All-ages | |
| Amazon | United States | 1980 | Mass market | United states | All Genders | |
| Aldi Sud | Germany | 1946 | Mass market | Global | Unisex |
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Market Positioning: Sobeys competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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