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Sobey's
Sobeys Inc. is the second largest supermarket chain in Canada, with over 1,500 stores operating across Canada under a variety of banners. Headquartered in Stellarton, Nova Scotia, it operates stores in all ten provinces and accumulated sales of more than C$25.1 billionhttps://www.empireco.ca/wp-content/uploads/2019/07/2019-Empire-AR.pdf in the fiscal 2019 operating year. It is a wholly owned subsidiary of Empire Company Limited, a Canadian business conglomerate. It is a participant in the voluntary Scanner Price Accuracy Code managed by the Retail Council of Canada. History Sobeys was founded in Stellarton, Nova Scotia by John W. Sobey in 1907 as a meat delivery business. In 1924, his son Frank H. Sobey convinced him to expand into a full grocery business, serving the industrial Pictou County region. From that point until his death, Frank was the driving force behind the business. Sobeys opened its first self-serve supermarket in 1949. The chain eventually expanded thro ...
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Empire Company
Empire Company Limited is a Canadian conglomerate engaged mostly in food retail and corporate investments. The company is headquartered in Stellarton, Nova Scotia. Empire Company also owns the Sobeys supermarket chain. The company was founded in 1963. In total, the company owns, affiliates or franchises more than 1,500 stores; in addition to Sobeys, brands include Safeway, IGA, Foodland, Farm Boy, FreshCo, Thrifty Foods and Lawtons Drug. Acquisitions Empire Company has a long history of acquisitions: * 1976 Lawton's Drug Stores Limited, which operated 18 stores in Nova Scotia. * November 1980 - July 1981 Empire acquires Sobey Holdings Limited, gaining a 50.97% stake in the company. * February 1983 Empire ups its ownership of Hannaford Bros. Co., an American food retailer, to 25% (Sold in 2000) * June 1987 Empire buys the remaining 49.03% of Sobeys, making it an entirely owned subsidiary. (Sold in 1998, re-bought in 2007) * 1987 Empire buys out its partner in Empire Theat ...
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Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ...
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Atlantic Canada
Atlantic Canada, also called the Atlantic provinces (french: provinces de l'Atlantique), is the region of Eastern Canada comprising the provinces located on the Atlantic coast, excluding Quebec. The four provinces are New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island. As of 2021, the landmass of the four Atlantic provinces was approximately 488,000 km2, and had a population of over 2.4 million people. The provinces combined had an approximate GDP of $121.888 billion in 2011. The term ''Atlantic Canada'' was popularized following the admission of Newfoundland as a Canadian province in 1949. History The first premier of Newfoundland, Joey Smallwood, coined the term "Atlantic Canada" when Newfoundland joined Canada in 1949. He believed that it would have been presumptuous for Newfoundland to assume that it could include itself within the existing term "Maritime provinces," used to describe the cultural similarities shared by New Brunswick, Prince ...
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Pictou County, Nova Scotia
Pictou County is a county in the province of Nova Scotia, Canada. It was established in 1835, and was formerly a part of Halifax County from 1759 to 1835. It had a population of 43,657 people in 2021, a decline of 0.2 percent from 2016. Furthermore, its 2016 population is only 88.11% of the census population in 1991. It is the sixth most populous county in Nova Scotia. Etymology The origin of the name "Pictou" is obscure. Possible Mi'kmaq derivations include "Piktook" meaning an explosion of gas, and "Bucto" meaning fire, possibly related to the coal fields in the area. It might also be a corruption of Poictou (Poitou), a former province of France. Nicolas Denys named the harbour ''La rivière de Pictou'' in the 1660s. History The area of the modern Pictou County was a part of the Miꞌkmaq nation of Mi'kma'ki (''mi'gama'gi'') at the time of European contact. In the early 1600s France claimed the area as a part of Acadia. By the 1760s, small French settlements existed a ...
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Frank H
Frank or Franks may refer to: People * Frank (given name) * Frank (surname) * Franks (surname) * Franks, a medieval Germanic people * Frank, a term in the Muslim world for all western Europeans, particularly during the Crusades - see Farang Currency * Liechtenstein franc or frank, the currency of Liechtenstein since 1920 * Swiss franc or frank, the currency of Switzerland since 1850 * Westphalian frank, currency of the Kingdom of Westphalia between 1808 and 1813 * The currencies of the German-speaking cantons of Switzerland (1803–1814): ** Appenzell frank ** Argovia frank ** Basel frank ** Berne frank ** Fribourg frank ** Glarus frank ** Graubünden frank ** Luzern frank ** Schaffhausen frank ** Schwyz frank ** Solothurn frank ** St. Gallen frank ** Thurgau frank ** Unterwalden frank ** Uri frank ** Zürich frank Places * Frank, Alberta, Canada, an urban community, formerly a village * Franks, Illinois, United States, an unincorporated community * Franks, Missouri, United ...
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Sobeys Headquarters
Sobeys Inc. is the second largest supermarket chain in Canada, with over 1,500 stores operating across Canada under a variety of banners. Headquartered in Stellarton, Nova Scotia, it operates stores in all ten provinces and accumulated sales of more than C$25.1 billionhttps://www.empireco.ca/wp-content/uploads/2019/07/2019-Empire-AR.pdf in the fiscal 2019 operating year. It is a wholly owned subsidiary of Empire Company Limited, a Canadian business conglomerate. It is a participant in the voluntary Scanner Price Accuracy Code managed by the Retail Council of Canada. History Sobeys was founded in Stellarton, Nova Scotia by John W. Sobey in 1907 as a meat delivery business. In 1924, his son Frank H. Sobey convinced him to expand into a full grocery business, serving the industrial Pictou County region. From that point until his death, Frank was the driving force behind the business. Sobeys opened its first self-serve supermarket in 1949. The chain eventually expanded thro ...
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Sobeys Ontario Headquarters 2022
Sobeys Inc. is the second largest supermarket chain in Canada, with over 1,500 stores operating across Canada under a variety of banners. Headquartered in Stellarton, Nova Scotia, it operates stores in all ten provinces and accumulated sales of more than C$25.1 billionhttps://www.empireco.ca/wp-content/uploads/2019/07/2019-Empire-AR.pdf in the fiscal 2019 operating year. It is a wholly owned subsidiary of Empire Company Limited, a Canadian business conglomerate. It is a participant in the voluntary Scanner Price Accuracy Code managed by the Retail Council of Canada. History Sobeys was founded in Stellarton, Nova Scotia by John W. Sobey in 1907 as a meat delivery business. In 1924, his son Frank H. Sobey convinced him to expand into a full grocery business, serving the industrial Pictou County region. From that point until his death, Frank was the driving force behind the business. Sobeys opened its first self-serve supermarket in 1949. The chain eventually expanded th ...
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CBC News
CBC News is a division of the Canadian Broadcasting Corporation responsible for the news gathering and production of news programs on the corporation's English-language operations, namely CBC Television, CBC Radio, CBC News Network, and CBC.ca. Founded in 1941, CBC News is the largest news broadcaster in Canada and has local, regional, and national broadcasts and stations. It frequently collaborates with its organizationally separate French-language counterpart, Radio-Canada Info. History The first CBC newscast was a bilingual radio report on November 2, 1936. The CBC News Service was inaugurated during World War II on January 1, 1941, when Dan McArthur, chief news editor, had Wells Ritchie prepare for the announcer Charles Jennings a national report at 8:00 pm. Readers who followed Jennings were Lorne Greene, Frank Herbert and Earl Cameron. ''CBC News Roundup'' (French counterpart: ''La revue de l'actualité'') started on August 16, 1943, at 7:45 pm, being replaced by ''T ...
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Retail Council Of Canada
The Retail Council of Canada (french: Conseil canadien du commerce de détail), founded in 1963, is a not-for-profit trade association representing retail Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and ... companies in Canada. RCC coordinates advocacy, communications and education campaigns on behalf of its member companies. It manages the voluntary retail Scanner Price Accuracy Code. References External links * {{DEFAULTSORT:Retail Council Of Canada Trade associations based in Canada 1963 establishments in Ontario Organizations established in 1963 Retail trade associations Non-profit organizations based in Toronto Retailing in Canada ...
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Scanner Price Accuracy Code
The Scanner Price Accuracy Code is a Canadian retail voluntary practice managed by the Retail Council of Canada and endorsed by the Competition Bureau. It was introduced in June 2002 as Canadian retailers were in the midst of updating their point-of-sale systems with barcode readers to "foster consumer confidence" with the new systems. It provides consumers with compensation for items with an incorrectly scanned price. It was developed by the Retail Council of Canada in collaboration with the Canadian Association of Chain Drug Stores (now Neighbourhood Pharmacy Association of Canada), the Canadian Federation of Independent Grocers and the Canadian Council of Grocery Distributors. Code The code applies only to retail shops that participate in the voluntary program. One of its key features is the "Item Free Scanner Policy". If the price of an item scans incorrectly during checkout at the point of sale, the customer is entitled to request a price adjustment; if the item's price is le ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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