Federated Co-operatives Limited to purchase 14 food stores from Sobeys Inc

Saskatoon, SK‎, 2014-2-14 — /EPR Retail News/ — Federated Co-operatives Limited (FCL), on behalf of the Co-operative Retailing System (CRS), has agreed to purchase 14 food stores, including 4 co-located gas bars, from Sobeys Inc. FCL has agreed to purchase stores in Edmonton (4), Winnipeg (4), and one each in Regina, Saskatoon, Taber, Leduc, Wetaskiwin and Fort Saskatchewan. (Please see list at the end of the news release for site specific details and visit http://crs.coopconnection.ca/mycoop.html for additional information).

“This transaction is indeed a historical agreement for our federation. It is an excellent strategic fit that will strengthen Co-ops across Western Canada,” says FCL CEO Scott Banda. “We look forward to welcoming new employees and customers, acquainting them with quality products, service, and benefits that Co-ops have been offering members and customers for a century.”

The purchase is a two-step transaction for FCL: first, to acquire the 14 sites from Sobeys Inc; and, second, to transfer ownership and operations of 12 to local retail Co-ops with two being operated by The Grocery People (TGP), a wholly-owned subsidiary of FCL.

Pending completion of customary closing conditions, the transaction is expected to close by the end of March. The federal Competition Bureau has given approval to this transaction. Transfer of operations for individual locations will be phased in between mid-April and the end of May. All parties have agreed to work together to ensure a continued high level of customer service is provided during the transition.

Approximately 1,300 employees work at the stores involved in this transaction. They will continue to be employed at each of the respective locations following the transaction.

“We understand that this transition involves change for employees and customers. We look forward to getting to know you better and will work hard to earn your trust and business,” Banda says.

FCL, based in Saskatoon SK, is owned by 225 autonomous retail co-operatives and their 1.6 million individual member-owners in communities from Vancouver Island to northwestern Ontario. Retail co-ops currently operate approximately 250 food stores and 400 gas bar/convenience stores.

“The success of our federation has proven the strength and endurance of our model and the benefits it provides to Co-op members, customers and their home communities,” Banda says. “Traditions that started a century ago remain the cornerstone of who we are today — a promise to stay local, a commitment to community and a business model that shares profits with anyone who wishes to become a member. Our profits are your profits.”

During the past five years, the retail Co-ops involved in this transaction returned $300 million in cash back to their individual members in recognition of their patronage of the Co-op.

In addition, local Co-ops in partnership with FCL donate millions of dollars annually to various local and regional community causes including Children’s Hospital Foundations across Western Canada, Breast Cancer Foundation of Canada, Red Cross, local United Way campaigns, Co-op Youth Camps and provincial 4-H Councils, to name but a few.

Retail Co-ops and TGP are eager to welcome new employees as team members and look forward to owning and operating the stores later this spring.

“This purchase strengthens our presence on the east side of Saskatoon and will add a talented group of people to our team. Those who have shopped in the store over the years will continue to see friendly, familiar faces, and now the products and services Co-op shoppers have always enjoyed,” says Saskatoon Co-op GM Grant Wicks.

“Wetaskiwin Co-op is excited to offer our community a new brand of value, a new brand of service and a new brand of products with members sharing in our profits at the end of the year,” says Wetaskiwin Co-op GM Allan Halter.

“Residents living in the south part of Regina have increasingly been calling us to open a Co-op food store in their neighbourhood. This agreement allows us to achieve this and we look forward to providing them with quality Co-op products and services in the very near future,” says Sherwood Co-op GM Troy Verboom.

“The opportunity to acquire the food store and gas bar in Taber allows us to expand our product and service offerings to existing and new members in the Taber area. We look forward to serving our members and customers with familiar faces and friendly staff you have been used to in the past,” says Medicine Hat Co-op GM Ted Rodych.

“Red River Co-op’s desire to acquire these sites was driven by what we see as an opportunity to both diversify our business model and add an additional service to our more than 240,000 members in and around the City of Winnipeg. Because of Red River Co-op’s strong market performance and solid financial base, now is the perfect time to enter the food business with the support of our new employees,” says Red River Co-op GM Doug Wiebe.

“North Central Co-op is thrilled to be acquiring two new food stores in Edmonton and one in Fort Saskatchewan. These new sites will complement the array of services and products we already provide to our members and customers. Although membership is not a requirement, we encourage our customers to become a member and receive the benefit of our equity and cash-back program on their purchases,” says North Central Co-op GM Ed Berney.

“We look forward to welcoming the new employees and customers and making them feel at home here at Leduc Co-op. With the new grocery store beside our existing Home Centre and Gas Bar, this makes shopping Co-op even more convenient. This purchase once again shows our commitment to grow in step with our community,” says Leduc Co-op GM Rick Polasek.

“TGP is grateful for this opportunity to acquire the Ottewell and Gold Bar locations in Edmonton. Being in business the last 50 years has taught us that a grocery store is more than just the food on its shelf; it’s about being a community member. We look forward to working with the Ottewell and Gold Bar communities to develop programs that are tailored to the needs of these two neighbourhoods,” says TGP President Jim Bailey.

The following list identifies the communities, brands, locations and the specific CRS operations involved in the transaction:

Community Brand
(** including gas bar)
Location Transferring to:
Winnipeg Safeway 1441 Main Street Red River Co-op
Winnipeg Safeway 77 Vermilion Road Red River Co-op
Winnipeg Safeway ** 850 Dakota Street Red River Co-op
Winnipeg Safeway 1120 Grant Avenue Red River Co-op
Edmonton Sobeys 18370 Lessard Road North Central Co-op
Edmonton Safeway ** 2331 – 66th Street NW North Central Co-op
Edmonton Sobeys 5036 – 106th Avenue NW The Grocery People
Edmonton IGA 6204 – 90th Avenue NW The Grocery People
Fort Saskatchewan Sobeys 10004 – 99th Avenue North Central Co-op
Taber Safeway ** 4926 – 46th Avenue Medicine Hat Co-op
Leduc Sobeys 5421 – 50th Street Leduc Co-op
Wetaskiwin Sobeys 4703 – 50th Street Wetaskiwin Co-op
Regina Safeway 3801 Albert Street Sherwood Co-op
Saskatoon Safeway ** 3310 – 8th Street East Saskatoon Co-op

 

The Overwaitea Food Group to purchase 15 stores in British Columbia and Alberta from Sobeys Inc

15 Grocery Stores across BC and Alberta to be purchased

Vancouver, BC, 2014-2-14 — /EPR Retail News/ — The Overwaitea Food Group (OFG) is pleased to announce the purchase of 15 store locations in British Columbia and Alberta from Sobeys Inc.

As part of Sobeys’ acquisition of Canada Safeway, Canada’s Competition Bureau required divestiture of a number of their locations. Overwaitea Food Group entered into discussions with Sobeys which resulted in the agreement to purchase a total of 15 high-quality community stores.

The stores to be acquired include:

Safeway – Sidney
Safeway – Tillicum, Victoria
Safeway – University Heights, Victoria
Safeway – Foul Bay, Victoria
Safeway – Duncan
Safeway – Ladysmith
Thrifty Foods – Brooks Landing, Nanaimo
Safeway – Port Alberni
Safeway – Tsawwassen
Safeway – Royal City, New Westminster
Thrifty Foods – New Westminster
Thrifty Foods – Abbotsford
Sobeys – Canmore
Sobeys – Cochrane
Safeway – Thickwood, Fort McMurray

“We are thrilled to be able to welcome these stores, along with their existing team members and customers to our Group,” says Darrell Jones, president. “As a local grocer our philosophy is to tailor our stores and the mix in those stores to suit the needs of our customers and their communities. We rely on the folks who work in each of our stores to help us understand and deliver that. By welcoming more than 1,500 of the best grocers in North America to our team, we are in a great position to continue growing our business in these locations,” he added.

As part of this significant investment in the future of the Overwaitea Food Group, 14 store locations will be transitioned to the Save-On-Foods banner and 1 to the Cooper’s Foods banner.

“This acquisition adds significantly to Save-On-Foods’ existing presence in both BC and Alberta and positions us for further growth in these provinces and beyond,” added Jones. “We’ve been successful for 100 years because we care about one thing above everything else: doing what’s right for our customers, where they live. We look forward to continuing this commitment in each of these new locations.”

-end-

about the Overwaitea Food Group
The Overwaitea Food Group (OFG) got its’ name nearly a century ago from customers who were happy to get “Over-Weight-Tea” (18 ounces for the price of 16) every time they bought a pound. Today, OFG is Canada’s largest Western-based food store chain, feeding families in over 100 communities across British Columbia and Alberta. Its first store originally located in New Westminster, BC, OFG currently operates 129 stores under the Save-On-Foods, Overwaitea Foods, Cooper’s Foods, Urban Fare, PriceSmart
Foods and Bulkley Valley Wholesale banners. With the support of more than 14,000 team members, OFG proudly provides customers with great local value in unique and innovative ways.

about Save-On-Foods
With 80 stores in BC and 28 stores in Alberta, Save-On-Foods is an award-winning grocery store format in Western Canada, with a reputation for innovation and delivering an exceptional grocery shopping experience. At Save-On-Foods, you’ll find everything you need at the low prices you want – with quality, selection and service you can’t put a price on.

about Cooper’s Foods
With community at the forefront, Cooper’s Foods continues to build strong connections to its customers by over-delivering on friendly and helpful service because “Cooper People Care.” All 14 locations across British Columbia share the same devotion to customers, team members and community that began over 50 years ago with their first store in Revelstoke, BC.

For more information, contact:
Julie Dickson Olmstead
Director, Communications
(p) (604) 888-2079, ext. 2200 | (c) 604-992-2538
julie_dickson@owfg.com or mediarelations@owfg.com

The Overwaitea Food Group to convert 11 of its PriceSmart Foods stores to the Save-On-Foods banner

Ambitious Conversion Plan will see all stores converted in just a week

Vancouver, BC, 2014-2-14 — /EPR Retail News/ — The Overwaitea Food Group (OFG) is pleased to announce that it has set plans in motion to convert 11 of its PriceSmart Foods stores to the Save-On-Foods banner by next Friday, February 14.

“With the overwhelming support of team members in these stores, we’re excited about this ambitious plan to deliver what customers have been asking for in these locations,” says Darrell Jones, president. “With this change, we’re able to continue to offer customers all the same low prices they are used to, plus more selection, more specials, and More Rewards,” he added.

With this move, OFG continues to grow and strengthen its Save-On-Foods banner. At the same time, the company will re-focus their PriceSmart Foods brand in Richmond, Grandview, King Edward, Fleetwood and Coquitlam. These 5 strategic locations will remain PriceSmart Foods stores, positioning the PriceSmart Foods banner for future growth and evolution with a continued dual-focus on offering a low price platform with market-specific international food offerings.

“Our number one focus is making sure that we’re meeting the needs of customers in all the communities that we serve,” says Darrell Jones, President, “and with our multi-banner format, we’re able to tailor the
services and products that we provide to what best suits each neighbourhood.”

Stores converting to Save-On-Foods next Friday will be:

  •  Surrey (Cloverdale, Clayton & King George)
  • Burnaby (Marine Way and Cameron)
  • North Vancouver (Capilano)
  • Chilliwack
  • Langley
  • White Rock
  • Abbotsford (Clearbrook)
  • Fort St. John

-end-

OFG operates a total of 129 stores in Western Canada. The company, whose mission is Always Customer First, has been in operation for nearly 100 years, with its first store originally located in New Westminster, BC. With the support of 14,000 team members, OFG serves over 80 communities with six store formats – Save-On-Foods, Overwaitea Foods, PriceSmart Foods, Cooper’s Foods, Urban Fare and Bulkley Valley Wholesale.

For more information, contact: Julie Dickson Olmstead, Media Relations
(604) 888-2079, ext. 2200
julie_dickson@owfg.com

ICSC: Strong demand from retailers helped landlords boost income at their properties in fourth quarter

NEW YORK, 2014-2-14 — /EPR Retail News/ — Strong demand from retailers helped landlords boost income at their properties during the fourth quarter. At DDR Corp., leasing spreads grew by 13.9 percent year on year for new leases and by 7.9 percent on renewals, driving same-center net operating income up 3.1 percent. “We expect operating metrics to accelerate further in 2014,” said Daniel B. Hurwitz, DDR’s chief executive, in a press release. At Regency Centers, same-center NOI grew by 2.7 percent in the fourth quarter, thanks in part to a 10.7 percent year-on-year increase in the rental rate on new leases and a 5.6 percent increase in the rental rate on renewals. Federal Realty Investment Trust reported a 4.3 percent rise in same-center NOI for the quarter. “2013’s completed leases, which overall were written at 20 percent higher than the prior tenant, will serve as a great start to 2014 growth,” said Federal Realty President and CEO Donald Wood. Meanwhile, Kimco Realty Corp. had a busy quarter bringing in higher-paying tenants to occupy former Kmart and Sears spaces, among other activities. In Ocala, Fla., Kimco re-leased a vacant Kmart box to Burlington Coat Factory for a 179 percent rent increase. “We continue to monitor our tenant watch list, as we believe, in this environment, recapturing boxes will create strong leasing spreads and redevelopment opportunities,” said COO Conor Flynn. Same-center NOI at the firm rose 4.1 percent during the fourth quarter.

Among mall REITs, increased rents helped boost fourth-quarter profits, as well. General Growth Properties’ same-center NOI increased by 6.2 percent, thanks in part to strong leasing that is carrying over into 2014, said CEO Sandeep Mathrani. “We’ve completed over 70 percent of the leasing required to achieve our 2014 goal,” he said. At Macerich average base rents increased by 8.7 percent year on year, while same-center NOI increased by 4.9 percent. “This increase was driven by increased occupancy, positive re-leasing spreads and annual CPI increases on leases,” said Thomas E. O’Hern, the firm’s senior vice president, CFO and treasurer. Meanwhile, at Taubman Centers’ upscale properties, tenant sales set a company record of $721 per square foot. Same-center NOI grew by 1.9 percent, while average rent per square foot increased by 3.7 percent year on year. CBL & Associates Properties reported an 11.8 percent increase in average base rent year on year and a same-center NOI increase of 0.9 percent.

###

ICSC: Strong demand from retailers helped landlords boost income at their properties in fourth quarter

ICSC: Strong demand from retailers helped landlords boost income at their properties in fourth quarter

Wegmans Food Markets to deliver 18,000-pound Valentine to The Greater Boston Food Bank on February 14

NEWTON, MA, 2014-2-14 — /EPR Retail News/ — Wegmans Food Markets will deliver an 18,000-pound Valentine to The Greater Boston Food Bank on Friday, February 14 at 10 am: A tractor-trailer filled with 9 tons of non-perishable food products. The Greater Boston Food Bank will, in turn, distribute the items to food pantries that serve the Newton area (Newton Food Pantry and Centre Street Food Pantry), where Wegmans’ newest store is located.

A group of Wegmans Chestnut Hill employees will be at the food bank when the donation arrives to help unload the truck which includes items such as canned fruits, vegetables, soups, juices, cereals and other products.

“This donation is symbolic of our commitment to feed those in need, and we hope it also demonstrates that we are serious about giving back to communities where our customers and employees live and work. We are humbled by the welcome Massachusetts has given us in Northborough and now Chestnut Hill, and we are honored to give back,” said Rich Boscia, Chestnut Hill Store Manager.

In 2013, Wegmans donated 16.5 million pounds of food to local food banks, food pantries, and soup kitchens across all of its market areas. The company also makes it easy for shoppers to support local hunger relief efforts by participating in annual food bank scanning programs at checkout. Since 1993, Wegmans has raised more than $23 million through these programs with 100% of the funds going directly to local agencies.

“We’re thrilled to welcome Wegmans into the greater Boston community,” said Cheryl Schondek, Vice President of Food Acquisition, The Greater Boston Food Bank. “Serving more than a half million residents is no easy task so we are very appreciative of great partners and donors like Wegmans and look forward to working with them for many years to come.”

Wegmans Chestnut Hill announced earlier this week that the store, a full-service supermarket and pharmacy, will open on Sunday, April 27. In advance of the store’s grand opening, the second-level 10,500 square-foot wine, beer and spirits shop will open on Saturday, March 29. For more information, including hiring details, visit www.wegmans.com.

##

Wegmans Food Markets, Inc. is an 83-store supermarket chain with stores in New York, Pennsylvania, New Jersey, Virginia, Maryland, and Massachusetts. The family-owned company, founded in 1916, is recognized as an industry leader and innovator. Wegmans has been named one of the ‘100 Best Companies to Work For’ by FORTUNE magazine for 17 consecutive years. In 2014, Wegmans ranked #12 on the list.

About The Greater Boston Food Bank
The Greater Boston Food Bank (GBFB) is the largest hunger-relief organization in New England and among the largest food banks in the country. GBFB distributes nearly 48 million pounds of food and grocery products annually to 540 member hunger-relief agencies and more than 30 direct service programs throughout eastern Massachusetts in a dedicated partnership to end hunger in our region. This provides meals for as many as 545,000 people a year. GBFB is a member of Feeding America, the nation’s food bank network. For more information, visit GBFB.org, become a fan on Facebook, follow us on Twitter (@gr8bosfoodbank), or call 617.427.5200.

Contact Information:  

Jo Natale, Wegmans Director of Media Relations, 585-429-3627
Stacy Clougherty, RF|Binder for Wegmans, 781-559-0427
Dianna Curry, Rasky Baerlein for The Greater Boston Food Bank, 617-413-5143

The Defense Commissary Agency: Yolanda Bowden named shopper insights chief; Willie Watkins selected chief of e-commerce

FORT LEE, Va., 2014-2-14 — /EPR Retail News/ — Yolanda Bowden has been selected chief of the shopper insights division for the Defense Commissary Agency, and Willie Watkins has been selected chief of e-commerce. Bowden’s selection is effective Jan. 25 and Watkins’ selection, Dec. 15, 2013.

Both the shopper insights and e-commerce divisions were created after an agency reorganization process that began in October 2012 and resulted in activation of the business development directorate. Shopper insights and e-commerce are instrumental in helping DeCA lay the groundwork for a modern, 21st century benefit, said Gordon Jones, director of business development.

“Our agency must stay connected to how our patrons shop, who they are and what they want,” Jones said. “Both Yolanda and Willie have the knowledge and expertise needed to help DeCA stay in sync with our shoppers and shape our course in shopper insights and e-commerce.”

Bowden assigned to shopper insights

Bowden is responsible for communicating the commissary benefit’s value to customers through social media, responding to customer questions or issues through the Your Action Line Program and formulating strategic plans for retail innovations. She also oversees the agency’s brand strategy to ensure a consistent image of the commissary through all customer, stakeholder and employee communication points.

Bowden previously served in several positions at DeCA headquarters. Her commissary career started in 2003 as an administrative assistant. She has worked as an information technology specialist from 2004 to 2008 and as a program and business management analyst from 2010 to 2011. She also worked as a business analyst from 2012 to 2014 with the shopper insights division.

Bowden has served in other civilian positions to include the Department of the Army and Federal Aviation Administration. She served in the Army from 1983 to 1987, achieving the rank of sergeant. In 2009, Bowen received her Master of Acquisitions and Contracting degree from Florida Institute of Technology.

Watkins assigned to e-commerce

Watkins is responsible for advancing the agency’s e-commerce presence thus offering customers increased accessibility to the commissary benefit. He has purview over mobile technology applications and other technology media to increase customers’ understanding of what commissaries have to offer and to make their shopping experience more gratifying.

Watkins has held various positions at both store and headquarters levels. His career began in 1984 as an airman at Beale Air Force Base, Calif. His assignments included commissaries in Germany, New Jersey and the Netherlands. He also worked as an Air Force enlisted recruiter from 1999 to 2004. Following his retirement from the Air Force in 2004, his commissary management career began with a position in Germany. Since then he has been assigned to stores in Virginia and Indiana.

Watkins was assigned to headquarters in 2008 as program manager for Guard and Reserve on-site sales, and then in 2011 as program manager for Guard and Reserve on-site sales/e-commerce. In 2012, he became and operations analyst for the e-commerce division. Watkins received his Master of Business Administration degree from Averett University in 2011.

“I’m confident that with Yolanda and Willie’s skills and knowledge, the agency will continue to improve and expand new business opportunities for the agency,” Jones said.

About DeCA: The Defense Commissary Agency operates a worldwide chain of commissaries providing groceries to military personnel, retirees and their families in a safe and secure shopping environment. Authorized patrons purchase items at cost plus a 5–percent surcharge, which covers the costs of building new commissaries and modernizing existing ones. Shoppers save an average of more than 30 percent on their purchases compared to commercial prices – savings amounting to thousands of dollars annually. A core military family support element, and a valued part of military pay and benefits, commissaries contribute to family readiness, enhance the quality of life for America’s military and their families, and help recruit and retain the best and brightest men and women to serve their country.

Media Contact:
Kevin L. Robinson
(804) 734-8000, Ext. 4-8773
kevin.robinson@deca.mil

Belk announced the semifinalists for the company’s 2014 Southern Musician Showcase

Charlotte, NC, 2014-2-14 — /EPR Retail News/ — Belk today announced the semi-finalists for the company’s 2014 Southern Musician Showcase. Chosen from more than 2,000 submissions, the 33 semi-finalists will now perform at live auditions in Live Nation venues in Atlanta, Nashville, Austin and New Orleans. Winners of those auditions will move on to a final competition in Charlotte at the end of March.

“We were very pleased with the response we received from musicians from across the country,” says Jon Pollack, Belk’s executive vice president of marketing, sales promotion and eCommerce. “We’re looking forward to seeing all the semi-finalists perform. The Showcase is giving Belk the opportunity to highlight musicians from the South or influenced by the South, and to give them the opportunity of a lifetime.”

The Showcase winners will receive a cash prize as well as an opportunity to perform at a Belk sponsored/Live Nation amphitheater in Dallas, Birmingham, Raleigh, Atlanta or Charlotte. Other prizes include a performance wardrobe and stylist provided by Belk, and an opportunity for the artist’s song(s) to be featured in a Belk television commercial.

Southern Musician Showcase Semi-Finalists 

Genre: Pop Country

Courtney Dickinson: Acworth, GA
Savanna Smallwood: Florence, AL
Megan Fowler: Butler, GA
Emily Lynch: Greer, SC
Shannon Selig: Nashville, TN
Kaylee Rutland: Dallas, TX
Casey Weston: Nashville, TN
2Steel Girls: Nashville, TN
Rachel Hale: Nashville, TN
The Charlie Rogers Band: Nashville, TN
Brandon Chase: Arlington, TX
The Gillis Silo: Baton Rouge, LA
Blane Howard: Nashville, TN
Misty Rae Carson: Franklin, TN
Dixie Still: Bessemer City, NC

Genre: Americana

Stuart McNair: Asheville, NC
India Ramey: Birmingham, AL
Surviving Allison: Corinth, MS
Dallas Wesley: Greenville, SC
Lindsey Williams: Henderson, KY
The Colton and Zara Band: Independence, KS
The Christian Lopez Band: Martinsburg, WV
Emily Hackett: Nashville, TN
Tenasie: Nashville, TN
Dannica Lowery: Santa Rosa Beach, FL

Genre: Bluegrass

Steph Stewart and the Boyfriends: Carrboro, NC
Laney Jones: Mount Dora, FL
Sara Beth: Spring Hill, TN

Genre: Blues

Jackie Venson: Austin, TX
Silas Feemster: Beaumont, TX
The Blues Buckets: Fredericksburg, VA

Genre: Jazz

Gabbie McGee: Atlanta, GA
Eugenie Jones: Bremerton, WA (originally Morgantown, WV)

The Southern Musician Showcase was open to solo artists and bands in the Americana, Pop Country, Jazz, Blues and Bluegrass genres. Contestants were asked to submit three original songs, a brief biography that details their affiliation to the South, head shots, a full length photo, and a video.

About Belk, Inc.
Charlotte, N.C.-based Belk, Inc. (www.belk.com) is the nation’s largest family owned and operated department store company with more than 300 Belk stores located in 16 Southern states and a growing digital presence. Founded in 1888 by William Henry Belk in Monroe, N.C., the company is in the third generation of Belk family leadership and has been committed to community involvement since its inception. Each year, Belk gives 2.5 percent of its pretax income back to the communities it serves. In the fiscal year ending Jan. 31, 2013, the company and its associates, customers and vendors, donated more than $19 million to those communities.

Related Link:
Learn more about the Southern Musician Showcase here.

For further information: Contact: Jessica Graham, Belk, Inc. vice president, corporate communications and community relations,704-426-8333, Jessica_graham@belk.com

Albertsons/Sav-on Pharmacies: free heart healthy meal with your new or transferred prescription throughout Southern California

Boise, ID, 2014-2-14 — /EPR Retail News/ — Here’s a sweet meal deal that’s good for your heart and great for your pocketbook. Starting February 10 at select Albertsons/Sav-on Pharmacies throughout Southern California, you can receive a free heart healthy meal. Simply bring a new or transferred prescription to a participating Sav-on Pharmacy to receive a coupon* good for:

• One Rotisserie Chicken (from the Albertsons Service Deli, 30-32 oz select varieties)

• One Fresh Express Garden Salad bag (12 oz)

• One Fresh Made Strawberry Cup (from the Product Dept., 12-14 oz, select varieties)

“We’re all about helping our customers stay healthy,” emphasized Sav-on Director of Pharmacy Operations Nasri Massaad. “And this balanced meal includes fresh products like protein, fruit and veggies, so you can’t go wrong!”

Pick up your heart healthy meal deal with a new or transferred prescription available only at these participating Sav-on Pharmacies:

Bakersfield:
13045 Highway 58 at Allen
6045 Coffee Road at Olive
3500 Panama Lane at Wible
1520 Brundage Lane at Chester

Central Coast :
Arroyo Grande – 1132 West Street at Halycon Road
Atascadero – 8200 El Camino Real at Curbaril
Lompoc – 1500 N. “H” Street at North Street
Orcutt – 1120 E. Clark Ave. at Bradley
Paso Robles – 189 Niblick Road at River
Santa Maria – 2320 South Broadway at McCoy

LA & Orange County areas:
Brea – 2500 E. Imperial Highway at Kraemer
Buena Park – 8880 Valley View Street at Lincoln
Fullerton – 1930 N. Placentia Ave at Yorba Linda
Irvine – 14201 Jeffrey Road at Trabuco Road
Orange – 8440 E. Chapman Ave at Jamboree
San Dimas – 220 E. Bonita Ave at San Dimas Ave.
Tustin – 13270 Newport Ave at 1st

Riverside & San Diego areas:
Corona – 1260 E. Ontario at Rimpau
Corona – 260 W. Foothill Parkway at Main Street
Eastvale (Corona)– 7070 Archibald Way at Schleisman
Fallbrook – 1133 S. Mission Road at Ammunition
Lake Elsinore – 30901 Riverside Drive at Lakeshore
Murrieta – 28047 Scott Road at I-215
Murrieta – 39140 Winchester Road at Highway 79
Murrieta – 41000 California Oaks Road at Madison
Palm Desert – 74590 Highway 111 at Deep Canyon Road
Palm Springs – 1751 N. Sunrise Way at Vista Chino
Rancho Mirage – 40101 Monterey Ave at Country Club Drive
Riverside – 2975 Van Buren Place at Lincoln
Temecula – 30530 Rancho California Road at Margarita
Temecula – 31960 Highway 79 at Margarita Road
Wildomar – 23893 Clinton Keith Road at 1-15

San Bernardino area:
Redlands – 450 E. Cypress Ave. at Redlands Ave.
Rancho Cucamonga – 8850 Foothill Blvd. at Vineyard
Upland – 1910 N. Campus Ave. at 19th

*Limit one per customer. This offer is not valid for beneficiaries of state and federal health care programs such as Medicare, Medicaid or Tricare, or if otherwise prohibited by law.

albertsonshearthealthy

Sobeys Inc to sell 30 stores in Canada as part of its divestment program related to the purchase of Canada Safeway

STELLARTON, NS, 2014-2-14 — /EPR Retail News/ — Sobeys Inc. today announced that binding purchase and sale agreements have been entered into with Overwaitea Food Group (“Overwaitea”) and Federated Co-operatives Limited on behalf of the Co-operative Retailing System (“Co-op”), that will see Sobeys sell 22 of the 23 stores it is required to divest as part of its October, 2013 Consent Agreement with the Competition Bureau related to its purchase of Canada Safeway. Additionally, Sobeys has signed a binding letter of intent with another retailer for the sale of its Price Chopper location in Winnipeg, which the company is also required to divest as part of its October Consent Agreement.

Through the negotiation of these transactions, Sobeys also agreed to include an additional seven stores in British Columbia in the package to be acquired by Overwaitea. This was done to create a divestiture package that meets the needs of both Sobeys and Overwaitea.

Total proceeds from the Overwaitea and Co-op transactions, including related real estate, will be approximately $430 million, subject to customary closing adjustments. Proceeds will be used to repay bank debt. The total annual sales from these stores are approximately $690 million and they generate EBITDA of approximately $59 million.

Both the Overwaitea and Co-op agreements have received approval from the Competition Bureau and Sobeys anticipates the deals will close in March or early April. The sale of the Price Chopper location remains subject to finalization of an asset purchase agreement with the purchaser and approval
from the Competition Bureau.

Overwaitea has agreed to purchase the following 15 store locations:
Safeway 2345 Beacon Avenue, Sidney, BC
Safeway 1950 Foul Bay Road, Victoria, BC
Safeway 3958 Shelbourne Street, Victoria, BC
Safeway 1143 – 56 Street, Tsawwassen, BC
Safeway 131 Signal Road, Fort McMurray, AB
Sobeys 1000 Railway Avenue, Canmore, AB
Sobeys 65 Bow Street, Cochrane, AB
Thrifty Foods 270 East Columbia Street, New Westminster, BC

Safeway* 3756 – 10 Avenue, Port Alberni, BC
Safeway* 610 – 6th Street, New Westminster, BC
Safeway* 181 Trans-Canada Highway, Duncan, BC
Safeway* 108 – 3170 Tillicum Road, Victoria, BC
Safeway* 370 Trans-Canada Highway, Ladysmith, BC
Thrifty Foods* 18888 North Parallel Road, Abbotsford, BC
Thrifty Foods* 2000 Island Highway, Nanaimo, BC

* Additional stores not included in October Consent Agreement

Co-op has agreed to purchase the following 14 store locations:

Safeway 1441 Main Street, Winnipeg, MB
Safeway 77 Vermillion Road, Winnipeg, MB
Safeway 850 Dakota Street, Winnipeg, MB
Safeway 1120 Grant Avenue, Winnipeg, MB
Safeway 2331 – 66 Street NW, Edmonton, AB
Safeway 3801 Albert Street, Regina, SK
Safeway 3310 – 8 Street East, Saskatoon, SK
Safeway 4926 – 46 Avenue, Taber, AB
Sobeys 10004 – 99 Avenue, Fort Saskatchewan, AB
Sobeys 5421 – 50 Street, Leduc, AB
Sobeys 4703 – 50 Street, Wetaskiwin, AB
Sobeys 18370 Lessard Road, Edmonton, AB
Sobeys 5036 – 106 Avenue NW, Edmonton, AB
IGA 6204 – 90 Avenue NW, Edmonton, AB

This news release contains forward-looking information reflecting management’s expectations regarding timing and completion of the agreed sales and final use of proceeds. The forward-looking statements in this news release are subject to a number of risks and uncertainties that could cause actual events or results to differ materially from current expectations, including satisfaction of various closing conditions and closing adjustments. The company does not undertake to update any forward-looking statements that may be made from time to time by them or on their behalf other than as required by applicable securities laws.

About Sobeys Inc.
Proudly Canadian, with headquarters in Stellarton, Nova Scotia, Sobeys has been serving the food shopping needs of Canadians for 106 years. A wholly-owned subsidiary of Empire Company Limited (TSX:EMP.A), Sobeys owns or franchises more than 1,500 stores in all 10 provinces under retail banners that include Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, and Lawton’s Drug Stores as well as more than 330 retail fuel locations. Sobeys and its franchise affiliates employ more than 124,000 people. The company’s goal is to be widely recognized as the best food retailer and workplace environment in Canada. More information on Sobeys Inc. can be found at www.sobeyscorporate.com.

Media Contact 
Andrew Walker
Senior Vice President
Communications & Corporate Affairs
Sobeys Inc.
(905) 214-6711

Investor Contact
Stewart Mahoney, CFA
Senior Vice President
Treasury & Investor Relations
Sobeys Inc.
(902) 752-8371ext. 3499