The Daily Chase: Bargain hunters boost sales at grocer Empire Co.

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The Daily Chase: Bargain hunters boost sales at grocer Empire Co.
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Revenues at grocer Empire Company grew by more than expected last quarter as more cost-conscious shoppers flocked to its discount banner FreshCo. The company, which owns Sobeys, Farm Boy, Foodland, Longo’s and other brands, said. That’s up from $8.08 billion the previous quarter and far better than the slight decline that analysts were expecting. Same-store sales inched higher, but only barely at 0.5 per cent.

for sharing “inaccurate, negative information about its customers to consumer reporting companies.” The bank was ordered to pay $7.65 million in redress for sharing inaccurate customer date with credit monitoring firms. Sometimes the data shared contained incorrect errors about personal bankruptcies and credit card delinquencies.The will-they-or-won’t-they courtship of Alimentation Couche-Tard and 7-Eleven owner Seven & i Holdings continues,in a bid to open talks.

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