Sobeys Boss On Rising Profits: ‘I Refuse To Apologize For Our Success’
Michael Medline says his company has done nothing wrong as it posts consistent profits in the face of spiking food costs.
Michael Medline says his company has done nothing wrong as it posts consistent profits in the face of spiking food costs.
Like it or not, Sobey’s and its sister companies have given up on the Airmiles program. In its place is Scene+, a loyalty program that lets you earn points for Cineplex, restaurants, and more.
The news comes just a few days after Sobeys and its sister stores also pulled out of the Air Miles program.
Crombie REIT will be constructing new property for more tenants, on land it owns near the Trans-Canada Highway on Elmwood Drive in Moncton.
Headquartered in New Glasgow, Crombie REIT has business ties to Sobeys’ parent company, Empire Company Ltd. – its largest shareholder. Crombie REIT owns 294 income-producing properties, the majority of which are grocery-related, and include Sobeys locations across Canada, for a total of 18.5-million square feet across all 10 Canadian provinces.
Empire Company is now a co-owner of the Scene+ program, along with Cineplex and Scotiabank. Air Miles will be replaced with Scene points in Atlantic Canadian stores starting in August.
Derek Montague says we need a cap on the prices of essential goods like healthy food with the gap between rich and poor widening with inflation.
In an evolving partnership with Tennis Canada that will help grow the game nationally, Empire’s unveiling of Sobeys Stadium in Toronto this week goes beyond naming rights.
The new Tomavo store in Woodside is located in a former gift shop. The grocery store now occupies 12,000 of the 16,000 square feet at that location.
Huddle has covered the various stages of Millennia’s growth, from a venture capital raise of more than $500,000 to the tea being sold in Sobeys and Safeway stores across the country. When Mark Leger heard the news that Millennia TEA would be sold in Whole Foods Canada stores, he decided it was time for a chat on the “Home Office” podcast, fittingly, in the old Red Rose Tea factory in Saint John.