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Thursday, June 26, 2014

Pincher Creek Sobeys to close


Chris Davis, Pincher Creek Voice

Sobeys parent company Empire Company Limited released its Fiscal 2014 Fourth Quarter and Full Year results today, June 16. That document includes a section titled "Sobeys' Retail Store Network Rationalization", which states in part as follows: "During the fourth quarter of fiscal 2014, So beys completed a detailed review of its retail store network."

"Based on this detailed review, Sobeys has determined that consistently underperforming retail stores representing approximately 50 stores (1.5 million of total gross square footage) and 3.8 percent of the total retail network gross square footage, will close.  Approximately sixty percent of the affected stores are located in Western Canada.

And, of course, one of those "underperforming stores" is the one here in Pincher Creek.  Employees there report they were told that the Pincher Creek store would be closed July 31.  Some employees have already been let go.

Sobeys representatives have so far been unavailable to us for comment.

3 comments:

  1. Anonymous26/6/14

    We are loosing another option for shopping in Pincher Creek. I believe in shopping locally but it is getting so frustrating.

    ReplyDelete
  2. Anonymous26/6/14

    Sad news for our community. People now out of jobs and not alot of options for them. Less options for shoppers. Keeps driving people to shop out of town. I remember reading a "letter to the editor" a number of years ago about "the death of a small town" and this is one more nail in the coffin.

    ReplyDelete
  3. Anonymous27/6/14

    It also impacts quality of life. People and businesses in that area of town that can no longer walk for groceries, or send one of the kids for a couple of items. Staff from Harvest and Celeste's would walk over for supplies. Hopefully some of the staff will be recruited/hired by the Co-op.... locally owned and operated and it thrives now from the extra business. I will drive out of town before I shop at a multinational American owned corporation. It has put too many people out of jobs in our community.... jobs that were created by Canadian companies where the profits stayed in 'Canada.
    When you buy gas at the Co-op "service" bay you are helping to employ someone.

    ReplyDelete

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