Canadian supermarket giants Loblaw and Metro reported sales and profit growth this week, as both companies’ discount banners continued to perform well. Montreal-based Metro Inc. said it invested in ...
Loblaw Cos. Ltd. saw its third-quarter profit rise as shoppers continued to favour its discount banners over full-service stores. Chief executive Per Bank said customers know how to navigate price ...
The grocery sector’s resilience is being driven by discount formats and value-focused shopping, even as tariff relief on important goods is expected to filter through only gradually. REUTERS/Dado ...
The Loblaws flagship location on Carlton Street in Toronto on Thursday May 2, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim Loblaw Cos. Ltd. saw its third-quarter profit rise as shoppers continued to ...