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The Latest Breaking News from Loblaw

EQB (TSE:EQB) executives said the bank is approaching a major strategic turning point as it prepares to close its acquisition of PC Financial on July 1, while second-quarter earnings reflected higher credit provisions and a softer macroeconomic backdrop. On the company’s fiscal second-quarter earni

MarketBeat

Loblaw confirms data breach - Canadian retail giant says 'basic customer information' affected

Hackers access "non-critical part of the IT network" at Loblaw, and stole names, emails, and phone numbers.

TechRadar

Trump’s tariffs could push grocery prices even higher, but there are steps Canada could take to protect consumers

The first months of Donald Trump’s presidency have been defined by a single word: tariffs. He has framed tariffs as a panacea to the woes of the American economy, promising they will restore the country’s manufacturing sector and reduce the national deficit.

The Conversation

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The Scourge of Self-Checkout

The technology promised to make shopping easier. It has done the opposite

The Walrus

Loblaw Has Become an Everything Company

The grocery chain is now involved in pharmacare, financial services, and real estate—with no signs of slowing down

The Walrus

Loblaw Exceeds Profit Expectations With Strong Demand

Loblaw's financial success amid pandemic driven by increased demand, cost control, and sustainability efforts.

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PepsiCo and a French supermarket giant are arguing over who dumped who first in 'shrinkflation' tussle

Both PepsiCo and Carrefour are now taking credit for removing PepsiCo products from the supermarket's shelves.

Fortune

Show me the money: Canada Bread penalty raises questions about criminal fines

Canada Bread Company agreed to pay a $50 million fine on June 21 after pleading guilty to fixing the price of bread sold in grocery stores.

The Conversation

Chief of top Canadian grocery chain gets $1.2m raise amid criticism over prices

Raise brings Galen Weston of Loblaw Companies’ pay to $11.79m last year amid outcry for raising prices during record inflation

The Guardian - US

Will Groceries Ever Be Affordable?

Food insecurity expert Sylvain Charlebois explains why flawed business regulations are making food unaffordable

The Walrus

Zellers Is Back. Is Nostalgia to Blame?

Companies have tapped into a longing for the past as a powerful marketing tool. Are Canadians buying in?

The Walrus

Loblaw’s PR response to consumer criticism shows it prioritizes profit over people

Loblaw Companies made headlines in October 2022 for freezing the prices on one of its in-store brands in the face of record food inflation. When the promotion finally ended on Jan. 31, consumers responded negatively to the announcement.

The Conversation

Rising Food Prices: Could a Grocer Code of Conduct Help?

The clock is ticking as retailers and suppliers hammer out new guidelines to boost transparency

The Walrus

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The Guardian - US

Canada’s largest grocer to freeze prices amid profiteering accusations

Loblaw Companies says it will lock in prices of ‘no name’ amid looming parliamentary investigation into food retail industry

Tribune News Service

Autonomous trucking startup Gatik is ditching the driver in Canada

San Francisco tourists, Phoenix suburbanites and now Canadian bacon — the list of driverless cargo keeps growing.

Benzinga

Very Good Food Company Shares Skyrockets On Canada Retail Expansion

Very Good Food Company Inc (NASDAQ:VGFC) has increased retail distribution across Canada with Loblaw Companies Ltd (TSX:L) (OTC:LBLCF). The company's products will be available in more than 2,000 stores across North America, with additional retail expansion expected for Summer 2022. "We're incredibly excited to bring our successful products to Loblaw customers across Canada and serve…

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