Loblaw Financial News

17.09 / 15:13

Metro inflation Costco Loblaw NOT Grocer summit to ‘take the heat off’ Ottawa, not tackle food inflation: experts

The federal government’s efforts to gather Canadian grocery executives for a summit to tackle food inflation is “disingenuous” and unlikely to bear much fruit, analysts say.

14.09 / 23:30

Metro Walmart Costco Loblaw Food Prices Ottawa summons major grocery CEOs to talk lowering food prices — or else

The federal government is summoning the heads of Canada’s major grocery chains to Ottawa this fall to begin discussions on a plan to lower food costs for Canadians, as inflation continues to impact grocery bills.

25.08 / 15:47

COST Align Loblaw stage Posthaste: Many Canadians believe companies are using inflation as an excuse to gouge them

Recent research from the Bank of Canada suggests that corporations did not take advantage of inflation to raise prices more than necessary. The public at large, however, isn’t so sure.

10.08 / 16:05

UPS Compilation Strategy Loblaw show Posthaste: Shoplifting rises on inflation, but some anti-theft measures a step too far for Canadians: poll

Retailers are implementing a variety of new anti-theft measures to combat a rise in shoplifting by Canadians, but consumers have mixed feelings about the different tactics being employed, a new survey suggests.

06.08 / 15:59

Metro awards Walmart Costco Loblaw Costco voted most respected grocery store in Canada, while Loblaw falls in survey ranking

Shoppers have named Costco Wholesale Corp. the most respected grocery retailer in Canada, according to a new survey.

03.08 / 03:59

UPS BLOCK Aviat Remark Loblaw country Australia and Canada are one economy—with one set of flaws

economy, this “Ozanada" would be the world’s fifth-largest, bigger than India and just behind Germany. Considering the two in tandem is not as nutty as it seems. Weather aside, they have a remarkable amount in common.

29.07 / 08:21

pandemic Loblaw Food Prices food inflation Soaring food prices are changing the way Canadians shop for groceries

Rising food costs are leading consumers to pivot away from shopping at food and beverage stores to less costly general merchandisers instead, Statistics Canada reports.

28.07 / 18:23

COST Provident Target Fighting awards Loblaw social Howard Levitt: Employee's DEI experience a cautionary tale for companies on perils of wokeism

Two related stories hit my desk this week, both about the perils of wokeism and increasing backlash against diversity, equity and inclusion (DEI).

26.07 / 14:45

inflation Business News Loblaw Food Prices food inflation Canada News Loblaw beats Q2 earnings estimates on sustained demand for essentials

Canadian retailer Loblaw on Wednesday beat Wall Street expectations for second-quarter revenue and profit, helped by sustained demand for groceries and drugs and higher prices.

26.07 / 10:57

UPS Loblaw Loblaw beats revenue estimates on resilient demand for essentials

(Reuters) — Canadian retailer Loblaw on Wednesday beat Wall Street expectations for second-quarter revenue, helped by higher prices and as demand held up for groceries and drugs.

11.07 / 14:37

Mobile Loblaw Global Fuels to acquire one of Canada's largest retail gas station networks

BURLINGTON, Ont. — Ontario-based Global Fuels Inc. says it has signed a deal to acquire all of U.K.-based Greenergy’s Canadian retail fuel business.

30.06 / 10:55

Metro Loblaw 5 takeaways from the Competition Bureau’s study into Canada’s grocery sector

Canada’s competition watchdog released its much-awaited study into the country’s retail grocery market on Tuesday, painting a picture of a highly concentrated industry dominated by few players.

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