Empire, parent company of Sobeys/Safeway, has announced plans to launch it’s third customer fulfilment center (“CFC”) in Calgary, Alberta in 2023. “We are now ready and well positioned to take the next meaningful step forward in our plans to win the ecommerce battle in Canada,” said Mr. Medline. “It’s time for our world-class Voilà team and service to go West. Our CFC in Calgary will serve the majority of the Alberta population beginning in 2023. In 2021, we will launch Voilà’s curbside pickup service in Alberta to begin providing an omnichannel experience to customers in that province, before going live with our home delivery service from the CFC in 2023.” The Company will partner with Crombie REIT to develop the third CFC in Calgary. Empire intends to lease the location from Crombie REIT and Crombie REIT will build the site to Empire’s specifications.
Empire Company Limited also announced its financial results for the second quarter ended October 31, 2020. Net earnings for the second quarter of $0.60 per share reflect strong results with Food retailing net earnings of $162.8 million compared to $127.9 million last year, an increase of 27.3%. Total earnings per share last year included $0.06 of unusually large property disposals by Crombie Real Estate Investment Trust (“Crombie REIT”); removing this impact, total net earnings per share increased by 17.6%. “The market share gains our teams are delivering, quarter after quarter, give us tremendous confidence in our ability to achieve our Project Horizon goals. Strong execution continued throughout the Company, with robust sales and margin growth, and very strong year on year increases in Food retailing operations,” said Michael Medline, President & CEO, Empire. “The health and safety of our frontline teammates continues to be paramount as the pandemic continues and our stores become even busier again. Our full-service and ecommerce businesses continue to meet the one-stop-shop needs of families across Canada, while delivering a safe and reliable shopping experience. In areas where government-mandated lockdowns are in effect, like the province of Manitoba, and Peel and Toronto in Ontario, we have implemented a Lockdown Bonus to recognize the incredible efforts of our frontline teammates.”