Sobeys Inc. confirmed Thursday it is closing about 50 underperforming stores following its takeover last year of Safeway Canada as the grocer races to slash costs amid burgeoning competition.
A letter obtained by The Globe and Mail reveals which stores are closing.
The stores that are closing operate under the Sobeys and Safeway banners, but also include 15 smaller stores (less than 20,000 square feet) under an array of the company’s banner names, including IGA (in Western Canada,) Cash & Carry and Foodland, a company executive said.
Atlantic Canada: 6 stores
Quebec: 1 store
Ontario: 7 stores (including the Sobeys Urban Fresh store on Front Street, near Sherbourne, in Toronto, that closed this week)
West: 25 stores
Use the map to find out which exact stores are closing and when.
Read the full story: Western Canada to be hit hardest as Sobeys races to slash costs