Latest From Our Blog

Sobeys to have C$2.1 million investment over next 3 years to expand ecommerce and renovate stores

Ecommerce Online Grocery Shopping

Sobeys to have C$2.1 million investment over next 3 years to expand ecommerce and renovate stores

 

  • Sobeys parent company, Empire Company Ltd, will invest the money to grow its ecommerce business as it looks to drive up C$500 million in earnings
  • The company plan, dubbed ‘Project Horizon’, was set to be announced in May, but was put on hold and adjusted due to effects if the pandemic and the steep rise in ecommerce activity
  • As well as owning Sobeys, Empire also has an array of other grocery chains, of which it has announced several new store locations

Source : https://www.theglobeandmail.com/business/article-sobeys-parent-empire-investing-21-billion-over-three-years-to/

 

No Comments

Leave a Comment