Sobeys
Outer view of Sobeys
Introduction, History and Structure
Sobeys was founded in 1907 by John W. Sobey, as a meat delivery business. In 1949, Frank H. Sobey opened the first self-serve supermarket of Sobeys. Now, it has more than 1500 franchised branches all over Canada. The headquarters of the company are in Stellarton, Nova Scotia.
Sobeys is the second largest food retail chain in Canada since late 1990's. Sobeys sales crossed $16 CAD billion dollars in 2012 which is shown in an annual report of Sobeys. It was less than $16 billion CAD in 2011, so people started investing more in Sobeys at that time.
