Loblaw Financial News

Privacy Commissioner of Canada has opened an investigation into allegations that some Loblaw customers have been unable to delete their PC Optimum accounts.The office has received several such complaints, spokesman Vito Pilieci said in an email Tuesday.He said the office can’t comment further due to the active investigation.Loblaw spokeswoman Catherine Thomas said in an email Tuesday that the company has processes to respond to account deletion requests in a timely manner, and that it will fully co-operate with the privacy commissioner’s office.In an email to one complainant viewed by The Canadian Press, an investigator for the commissioner’s office said they have received “a high number of complaints” regarding attempts to cancel PC Optimum accounts.Several complainants allege they have tried several times to delete their accounts, and that Loblaw has been unresponsive to their queries, the investigator wrote.Loblaw did not respond to a request for comment Wednesday regarding the specifics in the email.The PC Optimum loyalty program has more than 16 million active users, according to Loblaw’s 2023 annual report.The Office of the Privacy Commissioner oversees compliance with the Personal Information Protection and Electronic Documents Act (PIPEDA) as well as the Privacy Act.According to their website, PIPEDA “sets the ground rules for how private-sector organizations collect, use, and disclose personal information in the course of for-profit, commercial activities across Canada.”Personal information under PIPEDA includes details such as a person’s name, age, income or ID number.

(Bloomberg) — Canada’s second-biggest supermarket company said a boycott of US goods is quickly taking hold in reaction to President Donald Trump’s tariffs and his threats of “economic force” to make the country the 51st US state.

Loblaw Companies Ltd. will start adding danglers and the Canadian flag on all products prepared in Canada beginning mid-next week as Canadian consumers shift to buying local in anticipation of a trade war with the United States.

Donald Trump has paused his proposed tariffs, some Canadians vow they have no plans to return to buying American.“I think they’ve awoken a sleeping giant,” said Glenn Naylor of Courtenay, B.C. “We’ve been far too complacent for far too long about being Canadian, and I think what this has done, no matter what the delay is, it’s opened our eyes to (the) need to be more focused on Canada.”Prime Minister Justin Trudeau this past weekend urged Canadians to pick local over U.S.

Loblaw is apologizing after the grocer confirmed some meat products sold in stores across Western Canada were underweighted compared with what was posted on the label, leading to some customers being overcharged.

BRAMPTON, Ont. — Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have both entered into automatic share purchase plans with brokers.

As Canadian consumers pull back on spending after years of rising costs, some retailers are cutting prices to lure people back into their stores.

Canadian supermarket retailer Loblaw Companies missed third-quarter revenue estimates on Wednesday, hurt by a slowdown in the demand for its non-essential goods such as household items and electronics.

Farmers’ markets and business groups say they are “sad and disappointed” in NoFrills and its parent company Loblaw after the company sent a mass-advertising text message encouraging customers to “skip the line” at their local farmers’ market and visit their stores instead.

The boycott of Loblaw stores in May had only a “minor” financial impact on Canada’s largest grocers, according to the company’s CEO.

The Trudeau government is like a band that only knows one tune: more spending/higher taxes.

A grocery code of conduct could stabilize food prices in the future and encourage more investment in the Canadian food industry, according to the president of Kraft Heinz Canada.

Almost two-thirds of Canadians feel that inflation at the grocery store is getting worse, a new poll suggests, even as food inflation has been steadily cooling.

As a month-long boycott of Loblaw Cos. Ltd. enters its third week, the Canadian grocery giant’s investors appear largely unfazed. Though the movement continues to see a rise in supporters, evidence of its impact remains largely anecdotal. And Loblaw stock has not suffered, reaching an all-time high of $156.76 one week after the boycott began and remaining in positive territory for the month. The Financial Post’s Denise Paglinawan breaks down where things stand.

Loblaw Cos. Ltd. said Thursday it’s ready to sign on to the grocery code of conduct, paving the way for an agreement that’s been years in the making.

Some internet activists are calling for a boycott of Loblaw for the month of May over the grocer’s prices, which are said to be too high. The boycott is not notable for its logic. On the one hand, if the boycotters are not Loblaw customers to begin with, it’s meaningless. On the other hand, if they are current customers, it must be because they have decided Loblaw’s offering — its combination of price, quality, selection, convenience and other factors that determine shoppers’ choice of grocer — is better than all the other alternatives. Which makes Loblaw an odd target for a boycott over its prices.

Loblaw’s new chief executive, as well as chairman Galen Weston, pushed back on what they called “misguided criticism” of the grocer as a push to boycott the company gains steam online.

Grocery and drugstore retailer Loblaw Cos. Ltd. raised its quarterly dividend by 15 per cent as it reported its first-quarter profit and revenue rose compared with a year ago.

boycott movement against Loblaw over high food prices say they are keenly aware they need to target more than just grocery stores to impact the mammoth corporation’s bottom line.Loblaw Companies Ltd. is the parent company of nearly two-dozen store brands spread across food, pharmacies, fashion, beauty and financial services.

Posters encouraging people to “Steal From Loblaws” popped up last week across Toronto and have been gaining steam online, drawing mixed reactions from Canadians.

Empire Co. Ltd. chief executive Michael Medline says there’s no evidence that a grocery code of conduct would raise food prices for Canadians.