Empire Company Limited (EMLAF)
OTC PINK 
Summary
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Empire Company Limited Profile
| Food Products Industry | Consumer Staples Sector | Pierre St-Laurent CEO | OTC PINK Exchange | CA2918434077 ISIN |
| CA Country | 128,000 Employees | 31 Oct 2024 Last Dividend | 29 Sep 2015 Last Split | - IPO Date |
Overview
Empire Company Limited, established in 1907 and headquartered in Stellarton, Canada, operates extensively within the food retail and real estate sectors across Canada. Through its subsidiaries, Empire Company Limited has segmented its operations into Food Retailing and Investments and Other Operations. It stands as a significant player, owning a comprehensive network of retail stores that cater to a variety of consumer needs under several well-known retail banners and also engages in the grocery e-commerce space. Additionally, its interests extend into real estate investment trusts and residential real estate development through partnerships, focusing on properties strategically anchored around grocery and pharmacy outlets to support its core retail business.
Products and Services
The company offers a wide range of products and services across different platforms, including:
- Retail Banners:
- Grocery E-commerce:
- Real Estate Investments:
- Residential Real Estate Development:
Under its umbrella, Empire Company Limited hosts numerous retail stores under banners such as Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo's, and Lawtons Drugs. These stores offer a variety of food products and pharmaceuticals catering to diverse customer needs and preferences across Canada.
To accommodate the growing demand for online shopping, Empire Company Limited operates e-commerce platforms for groceries under banners like Voilà, Grocery Gateway, IGA.net, and ThriftyFoods.com. These platforms aim to provide convenient, efficient, and comprehensive online grocery shopping experiences for their customers.
Empire Company Limited has a strategic interest in Crombie Real Estate Investment Trust, focusing on the ownership, operation, and development of a mix of grocery and pharmacy-anchored shopping centers, freestanding stores, and mixed-use developments. This ensures a synergistic relationship between its retail operations and real estate investments, optimizing both profitability and customer service.
Through equity accounted interests in Genstar partnerships, Empire Company Limited engages in the development of residential real estate properties. These developments are strategically located in Ontario, Western Canada, and the United States, adding a diversified edge to its investment portfolio beyond its core retail and commercial real estate operations.
