EMP-A 📈 Empire Limited - Overview

Empire Company Limited is a Canadian conglomerate with a diverse portfolio of businesses, primarily focused on food retail and related real estate operations. The company's history dates back to 1907, and it has since evolved into a significant player in the Canadian retail landscape. Through its subsidiaries, Empire Company Limited operates a range of retail stores under various brand names, including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo's, and Lawtons Drugs. These brands cater to different market segments, offering a broad range of products and services to customers across Canada.

The company's operations are organized into two main segments: Food Retailing and Investments and Other Operations. The Food Retailing segment is the core business, accounting for the majority of Empire Company Limited's revenue. This segment includes the operation of retail stores, as well as e-commerce platforms such as Voilà, Grocery Gateway, IGA.net, and ThriftyFoods.com. The Investments and Other Operations segment, on the other hand, comprises the company's interests in real estate investment trusts and residential real estate development. This diversification allows Empire Company Limited to generate revenue from multiple sources and mitigate risks associated with a single business line.

As a significant player in the Canadian food retail industry, Empire Company Limited has a substantial online presence, with various e-commerce platforms offering customers the convenience of shopping from home. The company's real estate investments and development activities also contribute to its growth and profitability. With a long history of operations in Canada, Empire Company Limited has established a strong reputation and brand recognition, with a loyal customer base across the country. The company is headquartered in Stellarton, Canada, and its common stock is listed under the ISIN CA2918434077, classified under the GICS Sub Industry: Food Retail.