Sobeys Inc. is preparing to shave 1,300 jobs in the wake of its takeover of Safeway Canada as the country’s second-largest grocer looks to consolidate its distribution and office operations and cut costs.
The retailer is closing three of its distribution centres and launching a new one as well as an expanded one in the next couple of years, Marc Poulin, chief executive officer of parent Empire Co. Ltd., told analysts on Thursday.
Those closings and the job losses, including some at its offices, resulted in Empire recording a $103-million charge in its latest quarter.
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