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
Cineplex Inc. has made almost $40 million from online booking fees, which are central to a competition bureau lawsuit against the Canadian cinema chain. An agreed statement of facts filed in the case before the Competition Tribunal shows Canada’s largest theatre owner made more than $11.6 million in the six months after the fees were … Read more
Dollarama customers who purchased products subject to an eco fee — such as batteries, electronics, light bulbs or toys with batteries — may be eligible to claim a gift card. The Montreal law firm of LPC Avocats Inc., announced Tuesday that the proposed national settlement has been reached in a class-action lawsuit about prices advertised and charged by Dollarama … Read more
The bread supplier that admitted to price-fixing earlier this year says any anti-competitive behaviour it participated in was at the direction and to the benefit of its then-majority owner Maple Leaf Foods. In a statement of defence for a class-action lawsuit alleging a bread price-fixing scheme, Canada Bread denies participating in a “lengthy, wide-ranging conspiracy” … Read more
