Loblaw Cos. eked out grocery sales gains for its fiscal 2021 third quarter in cycling robust retail sales growth a year earlier. Meanwhile, at the bottom line, Canada’s largest food and drug retailer topped the high end of analysts’ consensus earnings-per-share estimate. For the 16-week quarter ended Oct. 9, overall retail sales rose 2.4% to

As barbecue season simmers down, the cost of meat is still rising across Canada, even as year-to-year demand wanes. Several culprits are pushing the upward-trending price tags, food distribution professor Sylvain Charlebois told Global News on Friday. “We’re slowly reaching the spook zone at the meat counter,” said Charlebois, who also serves as the director

Canadians are facing what one expert is calling a “COVID tax” on their grocery bills, with the cost of meat, dairy, seafood, baked goods and more exhibiting signs of inflation. According to Statistics Canada’s consumer price index for July, the cost of food grew 1.7 per cent in July from the same time last year,

Financial results from Canada’s three largest grocers offered a clearer picture of how the COVID-19 crisis has shaped shopping habits – and how consumers respond when public health restrictions are eased. Metro Inc.’s third-quarter earnings, reported Wednesday, largely mirrored results posted earlier this summer by competitors Empire Co. Ltd. and Loblaw Companies Ltd. At the

Code and Guide for the Responsible Advertising of Food and Beverage Products to Children applies to all advertising, on any media, adding to existing standards and meeting or exceeding Health Canada recommendations TORONTO, June 28, 2021 /CNW/ – A coalition of Canada’s largest advertisers, food and beverage brands and manufacturers and restaurants today announced their commitment to a comprehensive Code and

Walmart Canada said it will remove the Terrace store’s traditional belted checkout lanes in favour of self-checkout counters starting late summer. The Walmart in Terrace will soon be ditching its cashiers and replacing them with self-serve checkouts.Walmart Canada said it will remove the store’s traditional belted checkout lanes in favour of 100 per cent self-checkout

Canada’s largest retail trade body has joined calls for a grocery code of conduct – although its demands have sparked concerns at one leading manufacturers’ association. The Retail Council of Canada, which represents Canada’s largest food retailers, yesterday (27 May) announced it wants a “food industry code of practice” and unveiled a new “alliance” of

A new report from the Brookfield Institute for Innovation + Entrepreneurship (BII+E) explores trends in Canada’s food retail industry, from the rapid rise of e-commerce to changing consumer habits — and their implications for grocery employers and essential workers in Ontario.   TORONTO, May 26, 2021 /CNW/ – The pandemic has driven significant change in Canada’s $95.5 billion food retail sector, accelerating tech

President Sarah Davis to retire, Executive Chairman Galen Weston to become chairman and president Loblaw Cos., Canada’s largest food and drug retailer, is undergoing a leadership shuffle amid a business refocus by parent company George Weston Ltd. (GWL), which aims to divest its Weston Foods baked goods subsidiary. Plans call for Loblaw President Sarah Davis

From humble beginnings in a Canadian town of 250 people, Drake Meats is poised to continue its growth across Canada and is on the cusp of launching its meat products in the international marketplace. With its roots dating back to 1949 as a co-op local frozen food locker and custom processing shop, the facility was