Since Medline assumed leadership of Empire in 2017, the company has delivered average annual adjusted EPS growth of 15% while tripling its share price, making Empire one of the top performers on the TSX during his tenure to date
Canadian shoppers are increasingly choosing local products at Sobeys and other Empire stores amid rising U.S. tariffs, reshaping grocery sales across the country.
Over recent years, Empire has accelerated investments in renovations, conversions, and new stores along with store processes, communications, training, technology and tools.
Empire Company's Q1 profit falls to $207.8M, but strategic acquisitions and investments position the retail giant for future growth in Canadian market.
The grocery behemoth, in partnership with Arlene Dickinson’s business venture company, provides food and beverage entrepreneurs with access to extensive resources to aid in their business development.