GFM Network News


Loblaw reports better-than-expected profit

Reuters — Canadian grocery and pharmacy retailer Loblaw Cos. Ltd. reported a better-than-expected quarterly profit on Wednesday, as expenses fell and discounting attracted more shoppers. Profit at Loblaw’s main retail unit was helped by lower selling, general and administrative costs, and an increase in same-store sales in the quarter ending Oct. 8, the company said. […] Read more

Loblaw’s ugly-duckling produce to get swan moment

Produce growers supplying Canada’s Loblaw grocery chains with fruit and vegetables are expected to benefit in sales through a new in-store marketing program for “misshapen” wares. Through its Real Canadian Superstore chain, some of its No Frills stores in Ontario and some of its Maxi stores in Quebec, Loblaw on Thursday launched “Naturally Imperfect” fruit […] Read more