Empire, owner of Sobeys, reports nil quarterly profit
date:Mar 13, 2014
ings were negatively affected by a highly promotional environment.

The company cemented its position as Canada's No. 2 grocer with the acquisition of Safeway Canada, which contributed C$1.62 billion to Empire's total sales in the third quarter.

Empire's total sales rose more than 40 percent to C$6.02 billion, helped by higher sales from its food retailing business.

Sales at established Sobeys stores, an important measure for retailers, fell 0.2 percent from the year-earlier quarter.

Loblaw,
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