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Pattison Food Group is an operator of supermarkets, based in Langley, British Columbia. It is owned by the Jim Pattison Group . Most stores are under the Save-On-Foods banner, which it launched in 1982.
The Jim Pattison Group was created on May 8, 1961, when Pattison purchased a General Motors automobile dealership by borrowing $40,000 from the Royal Bank of Canada, and placing his home and life insurance policy with the bank as collateral. [6] In 1965, The Jim Pattison Group was awarded a license to operate Vancouver AM radio station CJOR.
Their parent company, the Overwaitea Food Group, also owns Urban Fare, PriceSmart Foods and Cooper's Foods. All are owned by the Jim Pattison Group . On March 22, 2018, the remaining two Overwaitea locations in British Columbia were closed, reopening the following day as Save-On-Foods stores.
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In 2004, the Jim Pattison Group agreed to pay $125,000 per year for 10 years for the Save-On-Foods name rights on Victoria’s new arena, [4] amidst unpopular public opinion. [5] In February 2014, the company announced it was taking over 14 stores on Vancouver Island owned by Sobeys, mostly under the Safeway and Thrifty Foods banners. [6]
James Allen Pattison OC OBC (born October 1, 1928) is a Canadian business magnate and investor. He is based in Vancouver, British Columbia, where he holds the position of chief executive officer, chairman and sole owner of the Jim Pattison Group, Canada's second largest privately-held company, with more than 45,000 employees worldwide, and annual sales of $10.1 billion. [1]
“This acquisition supports our group’s desire to continue our growth in the retail food business,” said the president of the company. Save Mart changes owners again. New company is larger ...
It is a subsidiary of the Overwaitea Food Group, which, in turn, is owned by the Vancouver-based Jim Pattison Group. The chain has seven locations, four located in downtown Vancouver , one at the UBC Point Grey campus, and one each in Calgary and Kelowna .