Article Date 14/03/2019

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'We've never had a weapon like this': Farm Boy is key for urban expansion, Sobeys parent says

Source Financial Post

By combining Farm Boy with Empire's real estate 'prowess,' CEO Michael Medline believes he can eventually 'blanket' Toronto and its suburbs with stores

Empire Co. Ltd., the expansive network of Canadian grocery brands, believes its recently acquired Farm Boy chain is what it needs to finally take on Ontario’s biggest grocery markets.

“We’ve never had a weapon like this to go at an area like the GTA,” chief executive Michael Medline told analysts Wednesday following the release of Empire’s third quarter results.

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