Canadian supermarket giants Loblaw and Metro reported sales and profit growth this week, as both companies’ discount banners continued to perform well. Montreal-based Metro Inc. said it invested in ...
Loblaw Cos. Ltd. saw its third-quarter profit rise as shoppers continued to favour its discount banners over full-service stores. Chief executive Per Bank said customers know how to navigate price ...
Loblaw, Metro and Empire accelerate discount banner growth as Canadians trade down amid food inflation and tighter budgets.
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