Safeway acquisition by Sobeys may not cause store closures

The recent acquisition of Safeway Canada by Sobeys sparked fears over job losses and store closures across Alberta.

But while some neighbouring grocers could close their doors in the future, the company may also look at an aggressive expansion to further secure its place in the western Canadian market, said Paul McElhone executive director at the University of Alberta School of Retailing.

Read more: http://tinyurl.com/kxnztjj