Sobeys news

22 June 2020
Sobeys has launched its Voilà by Sobeys grocery ecommerce service in the Greater Toronto Area (GTA). Partnership with Ocado Sobeys has partnered with UK-based Ocado to launch this service. It has built a Customer Fulfilment Centre (CFC) adjacent to its existing automated distribution centre in Vaughan, Ontario, optimising Ocado’s solution. Robots are used to assemble orders, with Voilà asso...
22 June 2020
We review Sobeys’ fourth quarter performance and the outlook for its new financial year, including the launch of its new ecommerce service and the shift in sales from supermarkets to discount stores. Key numbers Fourth quarter sales increased by 12.7% to $7.0bn, driven mainly by the COVID-19 pandemic Same-store sales increased 18.0% Adjusted net earnings increased 43.2% to $181.2m ...
16 June 2020
Sobeys has extended its partnership with indoor vertical farming company, Infarm, to its Thrifty Foods banner in the Metro Vancouver market. We recently visited one of three stores in the initial roll-out.  Great alignment with Thrifty Foods’ proposition Sobeys launched its partnership with Infarm earlier this year, initially introducing a range of herbs at two Safeway stores in Vancouver. ...
10 June 2020
We look at Sobeys’ on-going expansion of its FreshCo discount chain into western Canada, including plans for its first stores in Alberta. Addressing a weakness in its operations Sobeys’ latest announcement of six additional FreshCo openings takes the total of confirmed locations in western Canada to 28. Currently, 16 of these are trading. The retailer plans to convert around 65 of its exist...
08 May 2020
One year on from its first store opening in western Canada, FreshCo continues to push ahead with its expansion in the region. We review the progress the retailer has made with the format. Planning to convert 60-70 stores The retailer’s 15th store has opened in Kelowna, BC. Sobeys announced plans to bring its FreshCo concept to western Canada in late 2017 as part of its turnaround plan for t...
28 April 2020
Following plans announced earlier this month to accelerate the launch of its Voilà service in the Greater Toronto Area (GTA), Sobeys has started to test orders at its new Customer Fulfillment Centre (CFC). Partnership with Ocado Sobeys has partnered with UK-based Ocado to build the CFC adjacent to its existing automated distribution centre in Vaughan, Ontario, optimising Ocado’s robotic-dri...
20 April 2020
We detail the latest initiatives from Canada’s leading food retailers in response to the Coronavirus pandemic. Loblaw Food stores : it has reduced store hours and limited the number of customers in its busiest stores. The retailer is also moving some service departments, such as seafood, to offer pre-packed products only. It has also stated that it will not change its actions or prices to ...
15 April 2020
In response to the high demand for its existing online grocery services in Quebec and British Columbia, Sobeys is accelerating the planned launch of its Voilà service in the Greater Toronto Area (GTA). Initial testing planned for end of April The Voilà by Sobeys service is being developed in partnership with UK-based Ocado and will be the retailer’s first ecommerce business in the Ontario m...
14 March 2020
We review Sobeys’ third quarter performance as it looks to complete its three-year turnaround plan, Project Sunrise. Key numbers Total sales up 2.4% to $6.4bn Same-store sales (ex-fuel) up 0.8% Operating income up $125m to $235.0m Adjusted net earnings up 69.7% to $123.7m Intensifying price competition Sobeys delivered another solid performance this quarter as it approac...
09 March 2020
Sobeys is partnering with Infarm, a leading indoor vertical farming company, to grow and harvest a range of fresh produce within its stores across Canada. Launching initially in Vancouver Through this partnership, Sobeys will initially introduce a range of herbs at two Safeway stores in Vancouver this Spring before expanding the programme to additional banners in Calgary, Edmonton, Halifax,...