Empire Co Ltd Class A — CIBC World Markets Retail Conference 2011

5 slides from Empire Co Ltd Class A's conference presentation, Feb 23, 2011

Slide 1: CIBC World Markets Retail Conference
Sobeys Corporate logo.jpg CIBC WORLD MARKETS Retail Conference February 23, 2011
Slide 2: Food Retail Environment
Food Retail Environment • Deflation has been a significant factor over the past year – Promotional intensity and weights – Competitive responses – “Market” versus cost based pricing • Early indications of “balanced” inflation as costs increase • Operating costs continue to rise • More square footage
Slide 3: Sobeys progress continues
Sobeys progress continues • FreshCo rolling out and taking root on track • Next generation Full Service Format underway – IGA extra, Sobeys, Thrifty • Lawtons, Foodland, Needs and Urban Fresh all solid • Distribution upgrades continue – Automated Quebec DC • SAP Quebec implementation on track • Stro
Slide 4: Sobeys going forward
Sobeys going forward • Stay the course… – Long term health and sustainability – Stores at standard – Competitive posture – Innovation & Service superiority – People development – Execute well and consistently • However… – Accelerate productivity and efficiency initiatives – Accelerate application an
Slide 5: Empire Company Limited / Sobeys
EMPIRE& iil COMPANY LIMITED Sobeys