EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
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Profile: An extra week in this fiscal year helped Sobeys increase its sales, while net earnings<br />
climbed by 8.2% to C$ 307.8 million. Empire sold its 27.5% interest in Wajax Income Fund for<br />
$121.3 million during the year. Sobeys, which launched its new FreshCo discount food store in<br />
Ontario province in May 2010, added 57 outlets to the chain in fiscal 2011 and plans to add more<br />
in fiscal 2012. These outlets replace its Price Chopper stores. FreshCo focuses on everyday low<br />
prices and “fresher” foods: meats, seasonal fruits and vegetables plus locally produced products.<br />
The company also is developing new prototype stores in its Sobeys, IGA extra, and Thrifty Foods<br />
chains. In May 2010, the company launched a new Signal value tier private brand (some 250<br />
products), replacing its Compliments Value range. Sobeys is building its Sensations premium<br />
range from 150 items up to 1,000+.<br />
Procurement Contacts: Nancy Hall, VP, Retail Brands; Kristine Ramezani, Dir. Packaging Brand<br />
& Dev.; John Hale, Dir of Product Appraisal & Dev.; Linda Hodgkinson, director Prod. Dev.; Paul<br />
Flinton, VP, Brand & Product Marketing; Mike Quartermain, Director of Procurement; (Sobeys<br />
National Merchandise Group, Mississauga, Ontario, Tel: 905-671-1995)<br />
SONAE, SGPS, SA<br />
Lugar do Espio, Via Norte, 4471-909 Maia, PORTUGAL<br />
Tel: +351 2294-87522<br />
Fax: +351 2294-04634<br />
www.sonae.pt<br />
Total 2009 Company Sales: $7.9 Billion+ (€ 5.7 Billion+) +5.8%; Sonae MC Sales: $4.3 Billion+<br />
(€ 3.1 Billion+) +6%; Sonae SR Sales: $ 1.5 Billion+ (€ 1.1 Billion+) +21.9%; Sonae RP Sales: $<br />
170.9 Million+ (€ 123 Million+) +12.5%<br />
Percentage Sales in Exclusive Brands: 23% in FMCG<br />
Principal Business: In March 2009, Sonae reorganized into three areas: Sonae MC (Modelo<br />
Continente) covering 164 food retail stores--39 Continente hypermarkets (34 company-owned)<br />
and 125 Modelo supermarkets plus an additional 214 stores, all in Portugal; Sonae SR<br />
(Specialized Retail) overseeing 454 stores (416 in Portugal and 38 in Spain ) covering non-food<br />
retailing; and Sonae RP (Retail Properties/Sonae Sierra), covering 51 shopping centers in seven<br />
countries in a 50-50 partnership with Grosvenor of the UK. Besides Portugal and Spain, these<br />
shopping centers are also located in Italy, Germany, Greece, Romania, and Brazil. The Specialized<br />
Retail Division includes: 115 Área Saúd pharmacies, 80 Bom Bocado, 14 Book.It, and five other<br />
banners, all in Portugal; while including Spain, the specialized banners are: Loop footwear,<br />
Modalfa clothing, SportZone sports clothing and equipment, Vobis computer equipment, Worten<br />
white goods and consumer electronics, Worten Mobile (mobile telecommunications), and Zippy<br />
baby and children clothing. Additionally, Sonae has investments in 105 other stores: 35 MaxMat<br />
DIY and building material outlets and 70 Geostar travel agencies.