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The boycott of Loblaw stores in Canada is underway and while it may not have a big impact on the company’s bottom line, smaller grocers, co-ops and other businesses say they’re seeing a boost. For Gateway Meat Market in Nova Scotia, that has meant longer lines — sometimes out the …
Read More »Posters promoting ‘Steal From Loblaws Day’ are circulating. How did we get here?
Posters encouraging people to “Steal From Loblaws” popped up last week across Toronto and have been gaining steam online, drawing mixed reactions from Canadians. The posters for the “first annual Steal From Loblaws Day” invite customers to rob retail grocery chains owned by Loblaw, including the Real Canadian Superstore, No …
Read More »Loblaw, Metro report higher profits as grocery, pharmacy sales surge
Loblaw Cos. Ltd. reported its third-quarter profit and revenue rose compared with a year ago. The parent company of Loblaws and Shoppers Drug Mart reported a profit available to common shareholders of $621 million or $1.95 per diluted share for the 16-week period ended Oct. 7. The result compared with …
Read More »Grocer code of conduct could fuel food inflation, Loblaw argues – National
As the grocery code of conduct nears completion, the Canadian industry’s biggest player is raising concerns the guidelines could add fuel to the food inflation fire. Loblaw Companies Ltd. said it’s worried the code could “raise food prices for Canadians by more than $1 billion” in a letter sent to …
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