Reuters — Canadian retailer Loblaw Cos. beat market estimates for quarterly revenue on Thursday, as demand for groceries and other essential items stayed strong. The pandemic-led trend of cooking at […] Read more
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Loblaw beats estimates for quarterly revenue
Flatbread firm FGF buys Weston Foods bakery business
Weston selling to focus on retail, real estate
The parent company for Canadian grocery and retail giant Loblaw is taking a major step out of the baked goods business. George Weston Ltd. announced Oct. 26 it would sell […] Read more
Loblaw beats profit estimates as online sales surge
Reuters — Loblaw beat quarterly revenue and profit estimates on Thursday, driven by a near-fourfold jump in online sales, as stay-at-home Canadians used the retailer’s pickup and delivery services to […] Read more
Major grocers pull romaine lettuce nationwide
Despite seeing no evidence yet of nationwide contamination, several major Canadian grocers are pulling romaine lettuce from sale across Canada in the wake of E. coli-related illness outbreaks in three […] Read more
Cattle traceability to pay off in Cargill pilot
UPDATED, Nov. 2 — A pilot program running through one of Canada’s biggest beef packing plants aims to test systems that can show consumers the exact path of their beef […] Read more
Major retailers say federal bread pricing probe underway
Major Canadian grocery retailers Metro and Loblaw say a federal investigation is underway concerning the pricing of certain commercial bread products. Toronto-based Loblaw and its parent firm, George Weston Ltd., […] Read more
Loblaw cuts 500 jobs, plans to reinvest in e-commerce
Toronto | Reuters — Grocery chain Loblaw Co. Ltd. is cutting about 500 jobs across the company, and plans to reinvest the savings into digital and e-commerce services, the company […] Read more
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 […] Read more
Major grocers pledge cage-free eggs by 2025
The grocery arm of the body for Canadian retailers has rolled out a 10-year plan to source the eggs its members sell from layer hens raised in “cage-free environments.” The […] 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 […] Read more