The East Coast company behind multiple grocery chains in Canada is gaining market share from competitors after a period of losing ground following its troubled acquisition of Safeway in 2013.
Empire Co. Ltd. touted its new “weapon” Farm Boy, an Ottawa-based chain it recently acquired, and forthcoming roboticized online-delivery fulfillment centre as the perfect combination to allow it to triumph in the Greater Toronto Area and surrounding markets.
“Our belief is that we’re gaining market share now, slowly,” said Michael Medline, Empire’s CEO, during a conference call with analysts Wednesday after the company released its third-quarter financial results.
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