Etiket: Loblaw
“Underpaid” at $ 10.6 million, the president of Loblaw is entitled to a raise of $ 1.2 million
The president of the giant Loblaw, which notably owns Maxi, Provigo and Pharmaprix, saw its income climb by $ 1.2 million in 2022, in the midst of a year of…
Loblaw and Empire defend themselves from profiting from inflation
Before a federal parliamentary committee looking into food inflation, representatives of Loblaw and Empire Company (IGA) said Monday they were doing everything in their power to keep prices as low…
Food prices | Loblaw says it’s not getting rich at consumers’ expense
(Ottawa) The Loblaw grocery chain denies that it takes advantage of inflation to reap profits. Its president and CEO, Galen Weston, did not testify as part of the parliamentary inquiry…
Metro and Loblaw results | Two giants reap the profits
While grocery stores across the country are the subject of a study by the Canadian Competition Bureau, Metro and Loblaw are both recording increases in revenue, according to their results…
Supermarket profits | Loblaw stands out from its competitors
Loblaw is the only Big Three grocery brand whose 2022 gross profits surpass its best performance in the past five years. This “erratically strong” performance by the retailer that manages…
Inflation: product price freeze No name, just a publicity stunt from Loblaw?
The Canadian Parliament unanimously adopted a motion on Monday recognizing that “corporate greed directly fuels inflation” in food. On the same day, Canada’s largest retailer, Loblaw, announced that it was…
Inflation at the grocery store: Loblaw is freezing the prices of 1,500 No Name brand products through January 31.
Canada’s largest food retailer, Loblaw Companies Limited, is announcing a price freeze on all its No Name branded products until January 31, saying food inflation is driving up grocery bills.…
Loblaw increases its profits and revenues, helped by its pharmacies
Loblaw Companies’ sales growth is slowing as inflation continues to weigh on the economy and alter consumer buying habits, the company’s chairman of the board said Wednesday. Updated yesterday at…
inflation | Customers take refuge in low-cost stores, notes Loblaw
Canadian consumers are increasingly turning to low-cost grocery chains, buying private label products and choosing pork or chicken, which is cheaper than beef, in an effort to save money in…
Food: Frito-Lay takes on Loblaw over price hikes
One of Canada’s largest food manufacturers has halted deliveries to the country’s largest grocer over an incident that illustrates the significant impact of inflation on the industry and is driving…
Subsidiaries in Barbados | Loblaw wins case against Canadian tax authorities in Supreme Court
(Ottawa) The Supreme Court of Canada ruled in favor of Loblaw Financial Holdings in the case between the Canadian tax authorities, which claimed undue sums related to earnings attributed to…