TSX:EMP.AConsumer Retailing
Will Empire's E‑Commerce Restructuring and DoorDash Pivot Change Empire's (TSX:EMP.A) Narrative
Empire Company Limited recently announced a restructuring of its e-commerce operations, closing Alberta fulfillment centers, pausing development in Vancouver, and concentrating investment on its Voilà automated fulfillment network in Ontario and Quebec with Ocado while expanding third-party delivery nationwide through a new partnership with DoorDash.
The company expects these changes to improve e-commerce efficiency and generate about C$95 million in annualized operating income by fiscal...