Loblaw Archives - Page 2 of 2

Flatbread firm FGF buys Weston Foods bakery business

Weston selling to focus on retail, real estate

By Dave Bedard, GFM Network News October 28, 2021

The parent company for Canadian grocery and retail giant Loblaw is taking a major step out of the baked goods business. George Weston Ltd. announced Oct. 26 it would sell its Weston Foods fresh and frozen bakery businesses to an arm of Toronto-based bakery firm FGF Brands for $1.2 billion. The company expects to close […] Read more

General, Markets, Reuters

Loblaw beats profit estimates as online sales surge

By Reuters, GFM Network News July 23, 2020

Reuters — Loblaw beat quarterly revenue and profit estimates on Thursday, driven by a near-fourfold jump in online sales, as stay-at-home Canadians used the retailer’s pickup and delivery services to stock up on bread, milk and eggs. With consumers still limiting their trips outdoors due to the COVID-19 pandemic, the company said it would invest […] Read more

Crops, Fruit/Vegetables

Major grocers pull romaine lettuce nationwide

By GFM Network News November 24, 2018

Despite seeing no evidence yet of nationwide contamination, several major Canadian grocers are pulling romaine lettuce from sale across Canada in the wake of E. coli-related illness outbreaks in three provinces. Loblaw Companies announced Wednesday it was recalling and removing from its store shelves across the country all romaine lettuce products “out of an abundance […] Read more

Cow-Calf, Finishers, Livestock

Cattle traceability to pay off in Cargill pilot

By GFM Network News November 1, 2017

UPDATED, Nov. 2 — A pilot program running through one of Canada’s biggest beef packing plants aims to test systems that can show consumers the exact path of their beef from ranch to restaurant — and reward cattle producers for their trouble. Cargill on Wednesday announced a new year-long Canadian Beef Sustainability Acceleration pilot, with […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

Cereals, Crops

Major retailers say federal bread pricing probe underway

By Grainews Staff, GFM Network News November 1, 2017

Major Canadian grocery retailers Metro and Loblaw say a federal investigation is underway concerning the pricing of certain commercial bread products. Toronto-based Loblaw and its parent firm, George Weston Ltd., announced Tuesday they’re aware of an “industry-wide investigation” by the federal Competition Bureau concerning a “price-fixing scheme involving certain packaged bread products.” The two companies […] Read more

General, Reuters

Loblaw cuts 500 jobs, plans to reinvest in e-commerce

By GFM Network News October 16, 2017

Toronto | Reuters — Grocery chain Loblaw Co. Ltd. is cutting about 500 jobs across the company, and plans to reinvest the savings into digital and e-commerce services, the company said on Monday. The job cuts, which began on Monday and make up 0.25 per cent of the Toronto-based company’s workforce, will apply to executive […] Read more

Fruit/Vegetables, Livestock, Reuters

Loblaw reports better-than-expected profit

By Reuters, GFM Network News November 16, 2016

Reuters — Canadian grocery and pharmacy retailer Loblaw Cos. Ltd. reported a better-than-expected quarterly profit on Wednesday, as expenses fell and discounting attracted more shoppers. Profit at Loblaw’s main retail unit was helped by lower selling, general and administrative costs, and an increase in same-store sales in the quarter ending Oct. 8, the company said. […] Read more

Livestock, Poultry/Eggs

Major grocers pledge cage-free eggs by 2025

By Grainews Staff, GFM Network News March 18, 2016

The grocery arm of the body for Canadian retailers has rolled out a 10-year plan to source the eggs its members sell from layer hens raised in “cage-free environments.” The grocer members of the Retail Council of Canada (RCC), which include Loblaw, Sobeys/Safeway, Metro and Wal-Mart Canada, said Friday they are “voluntarily committing to the […] Read more

Apples, Crops, Fruit/Vegetables, Markets, Potatoes

Loblaw’s ugly-duckling produce to get swan moment

By Grainews Staff, GFM Network News March 13, 2015

Produce growers supplying Canada’s Loblaw grocery chains with fruit and vegetables are expected to benefit in sales through a new in-store marketing program for “misshapen” wares. Through its Real Canadian Superstore chain, some of its No Frills stores in Ontario and some of its Maxi stores in Quebec, Loblaw on Thursday launched “Naturally Imperfect” fruit […] Read more

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

GFM Network News