As coronavirus pandemic spreads, consumers will continue to work at home and eat-at-home. Prime beneficiaries will be grocers. Sobeys in Canada (owned by Empire Company) is also reducing costs rapidly and has a 'smaller' store format strategy across Canada. Synergies from its acquisition of Safeway's Canada stores continue.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.