Loblaw Companies reported $13.58 billion in first-quarter revenue — a 4.5 per cent increase from a year earlier — on Wednesday morning, the same day that a group of frustrated shoppers said they would begin a month-long boycott of the grocery retailer. The company’s quarterly profit was $459 million, marking a 9.8 per cent increase. Earnings per share were $1.72 … Read more
Baileys has just dropped a new flavour sensation, and it’s a bargain on Amazon compared to high street supermarkets. The beloved Irish Cream Liqueur brand has unveiled its latest concoction – the Mint Chocolate Shake flavour, arriving perfectly timed for your spring and summer drink selections. This limited-edition delight is up for grabs from various … Read more
Although Loblaw has now reinstated its popular 50 per cent discounts on perishable food, some customers say they still feel shortchanged. That’s because more than 100 Real Canadian Superstores owned by Loblaw continue to discount all food nearing its best-before date by only 30 per cent. “I was disappointed,” said Kim Siever when he recently visited his … Read more
Our planet is changing. So is our journalism. Keep up with the latest news on our Climate and Environment page. Sign up here to get this newsletter in your inbox every Thursday. This week: A Toronto school uncovered a buried stream and transformed its schoolyard A record-breaking solar highrise in Halifax Manitoba Food Rescue Grocery grows to save more … Read more
The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses. Statistics Canada reported Thursday that real gross domestic product increased by an annualized rate of one per cent, beating economists’ expectations and the Bank of Canada’s forecast for the final … Read more
Business The Competition Bureau says it’s investigating the use of property clauses, which limit how real estate can be used by competitors, in the Canadian grocery sector. Watchdog says clauses make it harder for new supermarkets to open The Canadian Press · Posted: Feb 08, 2024 3:09 PM EST | Last Updated: 9 hours ago … Read more
If you’ve been trying to save money on your grocery bill by waiting until food is marked down to 50 per cent, get ready for some sticker shock on your next visit to a Loblaw-owned grocery store. According to an email from Loblaw Companies Ltd. reviewed by CBC News, it will no longer discount perishable foods like meat, … Read more
The revelation that Loblaw will end its 50 per cent discount on perishable foods like meat, fruit and vegetables as they near their best-before dates should attract the attention of Canada’s Competition Bureau, says one industry expert. Prof. Sylvain Charlebois, the director of Dalhousie University’s Agri-food Analytics Lab, believes the action taken by the grocery chain to align its policy with other food retailers might be … Read more
If you’ve been trying to save money on your grocery bill by waiting until food is marked down to 50 per cent, get ready for some sticker shock on your next visit to a Loblaw-owned grocery store. According to an email from Loblaw Companies Ltd. reviewed by CBC News, it will no longer discount perishable foods like meat, … Read more
Ken Bennett, an avid hiker and recreational hockey player, wanted a cereal packed with protein. So last month, he picked up Kellogg’s Vector. Bold lettering on the box declares that it has “high protein” — more specifically, that it “provides 13 g of protein” per serving. “[It’s] actually pretty high for a breakfast cereal. That’s why I bought it,” said … Read more
