Empire Company Limited

Headquarters: Stellarton, NS, Canada

Founded: 1963

Employees: 134,000

CEO: Mr. Michael Bennett Medline

show_chart TSX: EMP.A +0.50%

Market Cap

C$8.97 Billion

CAD as of July 1, 2023

US$6.77 Billion

history Market Cap History

Company Description

Empire Company Limited is a Canadian conglomerate primarily involved in food retail and retail and residential real estate businesses in Canada and the United States. Founded in 1907, Empire Company operates the Sobeys supermarket chain, and also owns, affiliates, and franchises more than 1,500 retail stores with the Safeway, IGA, Foodland, Farm Boy, FreshCo, Thrifty Foods, and Lawtons Drug brands, together with about 350 retail fuel locations.

Empire Company Limited market capitalization over time

Evolution of Empire Company Limited market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Empire Company Limited

Detailed Description

Empire Company Limited, together with its subsidiaries, engages in the food retail and related real estate businesses in Canada. It operates through two segments, Food Retailing, and Investments and Other Operations. The company owns, affiliates, and franchises approximately 1,500 retail stores under various retail banners, including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo's, and Lawtons Drugs; and approximately 350 retail fuel locations, as well as operates grocery e-commerce stores under the banners, such as Voilà  by Sobeys, Grocery Gateway,, and It also owns interest in the Crombie Real Estate Investment Trust, an open-ended real estate investment trust to own, operate, and develop a portfolio of grocery and pharmacy-anchored shopping centers, freestanding stores, and mixed use developments; and various equity accounted interests in Genstar partnerships that develop residential real estate properties in Ontario, Western Canada, and the United States. The company was founded in 1907 and is headquartered in Stellarton, Canada.


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Stocks & Indices

Empire Company Limited has the following listings and related stock indices.

Stock: TSX: EMP.A wb_incandescent

Stock: FSX: C15 wb_incandescent

Key People

Michael Medline, President and CEO


Revenue: $26.588 billion CAD (2019)

Operating income: $1,111.8 million CAD (2019)

Net income: $612.8 million CAD (2019)

Total assets: $14,632.9 billion CAD (2019)

Total equity: $3.924 billion CAD (2019)



115 King Street

Stellarton, NS B0K 1S0


Phone: 902 752 8371

Fax: 902 755 6477