Loblaw Stock
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Loblaw boycott had ‘minor’ impact on sales, CEO Per Bank saysLoblaw's CEO on Thursday acknowledged a 'minor' impact to the grocer's sales in the second quarter amid a grassroots movement to boycott the company's stores.MoneyJul 25
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Galen Weston calls Loblaw boycott ‘misguided criticism’Loblaw President and CEO Per Bank said at the grocer's annual meeting that there’s a lot of misinformation online about Loblaw as boycott against the company gets underway.MoneyMay 2
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Loblaw boycott: Why has the grocer become a ‘lightning rod’ for frustrations?Will a boycott of Loblaw's stores make a dent on the retailer's bottom line? Here's what experts say about the reputational challenges facing Canada's biggest grocer.ConsumerMay 2
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Loblaw CEO ‘more optimistic’ than before on grocery code of conductLoblaw's new chief executive said he's "cautiously optimistic" that the company will be able to come to an agreement on the grocery code of conduct.ConsumerMay 1
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Loblaw says discount grocery push is helping to drive sales higherCanadian retailer Loblaw Companies topped Wall Street expectations for fourth-quarter profit on Thursday, helped by sustained demand for daily essentials and easing input costs.EconomyFeb 22
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Loblaw expects to create 7.5K jobs, 40 new stores with $2B investmentCanadian food and pharmacy retailer Loblaw Companies said on Tuesday it expects to invest over $2 billion this year to create more than 7,500 jobs.CanadaFeb 20
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5 takeaways from the Competition Bureau’s study into Canada’s grocery sectorCanada's competition watchdog released its much-awaited study into the country's retail grocery market, painting a picture of an industry dominated by few players.MoneyJun 27, 2023
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Loblaw facing ‘outsized’ cost hikes from biggest suppliers: CFOLoblaw executives said Wednesday that the grocer is continuing to see 'outsized' price hikes passed on from it suppliers, particularly big multinational food brands.MoneyMay 3, 2023
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Galen Weston stepping down as Loblaw president, Danish retail exec taking top jobGalen G. Weston has played both spokesperson and corporate leader for Loblaws’ grocers and has defended the company’s profits amid soaring food inflation.MoneyApr 18, 2023
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Loblaw is ‘not taking advantage’ of food inflation to drive profits, CFO saysLoblaw's revenues were up 10 per cent in the fourth quarter of the year as demand held strong for groceries and strong cosmetics and pharmacy sales.MoneyFeb 23, 2023
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