date:Jun 30, 2014
hat youre seeing is the conclusion on stores that have been consistently underperforming versus expectations and that we determined would not fit in the long-term desired outcome in terms of strategy.
We really looked at every single one of the assets we owned or had a lease on, Francois Vimard, CEO of Empire, Sobeys parent company, added.
According to Poulin, the assessment involved a question of focus for the operation. Retail stores that are underperforming require an awful lot of managemen