34.67000 USD
1.39
4.18%
Last update Dec 15, 11:13 AM EST
Market closed
Day range
34.63000
34.67000
Previous close
33.28000
Open
34.63000
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Empire Company Limited
34.67
1.39
4.18%

Overview

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Description

Empire Company Limited is a prominent Canadian-based conglomerate that primarily operates in the food retailing and real estate sectors through its subsidiary, Sobeys Inc. The company's primary function is providing consumers with a variety of grocery options across numerous retail banners, including Sobeys, Safeway, and Foodland. Empire Company Limited has established a significant footprint in the Canadian market, offering extensive products ranging from fresh produce to brand-specific goods. Beyond retail operations, Empire has a notable presence in the real estate industry through Crombie REIT, which develops and manages commercial properties, often integrated with its retail operations. This dual focus on retail and real estate provides the company with diversified revenue streams. As one of the largest food retailers in Canada, Empire plays a vital role in ensuring food security and advancing sustainable practices within the industry. It has been pivotal in shaping the economic landscape by supporting local suppliers and offering employment opportunities. Through strategic acquisitions and a commitment to operational efficiency, Empire Company Limited continues to strengthen its position in Canada's corporate ecosystem.

About

CEO
Mr. Michael Bennett Medline
Employees
129000
Address
115 King Street
Stellarton, B0K 1S0, NS
Canada
Phone
902 752 8371
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Grocery Stores
Country
United States
MIC code
PINX
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