Weak loonie, Trump tariff threats make ‘volatile situation’ for Metro: CEO
The Canadian dollar has been steadily weakening for months amid threats of sweeping tariffs from Trump and talk of retaliatory tariffs by Canada. …
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Category: Grocery prices
Loblaw apologizes after underweighted meat sold in Western Canada stores
Loblaw is confirming that some of its Western Canada stores underweighted meat products, resulting in a higher cost to affected consumers. …
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Why is inflation heating up at the grocery store again? Blame the loonie
While overall inflation has moderated, consumers are once again feeling the pinch on groceries. Here’s why, plus some tips to save at the grocery store. …
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Metro marks end of ‘transition year’ with small profit dip
The company behind Metro grocery stores and Jean Coutu drugstores said the earnings were slightly down from $222.2 million in the fourth quarter last year. …
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Walmart’s promise of low prices lured shoppers in 3rd quarter
Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could. …
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T&T stores ‘outperform’ rest of Loblaw network amid growing population
Loblaw CEO Per Bank pointed to Canada’s growing population and a rising demand for ‘multicultural’ products as helping to drive sales at T&T Supermarket. …
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Inflation may have cooled, but private-label brands ‘having their moment’
Amid renewed investment by grocers in their store-branded offerings, studies show many shoppers no longer see store brands as lower quality than name brands. …
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Grocery habits may be returning to normal after inflation surge: Empire CEO
The CEO of Sobeys parent company Empire said Thursday that he sees ‘early indications’ that consumer behaviour is normalizing after years of high inflation at the grocery store. …
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