Cost cutting brings record Sobeys profit

Article Abstract:

Sobeys Inc. recorded a record profit in its second quarter after cashing in on sharper cost cutting, merchandising and marketing. The grocery chain also hopes to benefit from plans to sell its Serca food service unit in a $440 million deal that will close in about a month or so.

Groceries & Rel Prods Whsle, Grocery and Related Product Wholesalers, Supermarkets and Other Grocery (except Convenience) Stores, Grocery stores, Supermarkets, Groceries and Related Products, Finance, Grocery industry, Wholesale industry, Wholesale trade, Sobeys Inc., SERCA Foodservice Inc.

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Second Cup removes For Sale sign

Article Abstract:

Toronto, Ont.-based Second Cup Ltd., which is a cafe chain, has announced that it has cancelled plans to offer itself for sale. Second Cup, which also declared a $2 shareholder dividend, is led by president Randy Powell.

Eating Places, Restaurants

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Cara makes bid for Second Cup

Article Abstract:

Food services company Cara Operations Ltd. has made an unsolicited bid for Second Cup Ltd.

Acquisitions & mergers, Drinking places, Drinking Places (Alcoholic Beverages), Restaurants & Food Service, Brief Article, Bars, saloons, etc., Bars (Drinking establishments), Food services, Cara Operations Ltd.

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