TORONTO — In its first report since becoming a public company last month, retailer the Hudson's Bay Co. said its third quarter loss widened slightly, although same store sales on both sides of the border were stronger than ...
Tags: Furniture
Canadian food manufacturer and grocer George Weston has recorded a decline in first-half profits thanks to costs from retail division Loblaw. In the six months ended 16 June, net profit dropped 7.1% to C$367m (US$366.4m) as higher costs ...
Tags: Net profit, Operating profit, Net sales
Canadian retail giant Loblaw is to spin off and float its real estate assets to provide it with capital to expand. Loblaw said today (6 December) it would set up a Real Estate Investment Trust and sell units in it via an IPO. "This ...
Tags: Real Estate Assets, Canadian retail, capital
Canadian supermarket group Loblaw has said profits fell during the third quarter as one-time items weighed on the bottom line. Loblaw's net income fell by 5.9% to C$222m (US$222m) after charges including C$29m related to its ongoing IT ...
Tags: net income, Sales, shareholder value
Canadian retailer Loblaw will start using Guiding Stars nutrition labels in its stores this week. From Friday (10 August), Loblaw outlets in Ontario will put the Guiding Stars tags on shelves in stores to highlight products that meet ...
Tags: Nutrition Labels, Canadian retailer, scheme
Canadian food manufacturer and retailer George Weston has said it expects sales from its Weston Foods business to fall in 2012 after sales slid in the third quarter. George Weston, which supplies branded and own-label bread and biscuits ...
Tags: Weston Foods sales, volumes, Q3 profits
Canada-based retail chain Loblaw is voluntarily recalling President's Choice (PC) brand Milk Chocolate covered Raisins as the product contains almonds that is not mentioned on the label, according to the Canadian Food Inspection Agency ...
Tags: almonds, on the label, milk chocolate
Canadian retailer Metro Inc has reported higher annual profits - and seen sales in its most recent quarter outstrip rival Loblaw. Metro's full-year earnings were boosted by its acquisition of local rival Marché Adonis and higher ...
Tags: retailer, Metro, annual profits, full-year earnings
Bauer Performance Sports Ltd.announced the Board of Directors has unanimously appointed Bernard McDonell as Chairman,effective immediately. McDonell replaces W.Graeme Roustan,who resigned his position as Chairman,citing increased ...
Tags: Bauer Performance Sports, Bernard McDonell, Board of Directors
Loblaw,the largest retailer in Canada,is set to introduce Guiding Stars,objective food labeling program that rates food based on nutrient density. The program,developed under the support of Delhaize Group's Hannaford Bros.chain,rates ...