TORONTO • Loblaw Cos. Ltd. is committed to staying in Bangladesh and will work to improve worker safety standards after a garment factory at which Joe Fresh clothing was made collapsed last week, executive chairman Galen G. Weston said Thursday.
TORONTO • While pure-play food and drug retailers such as Metro and Rexall appear to have the most to lose in the impending nupitals of Loblaw and Shoppers Drug Mart, Monday’s $12.4-billion deal stands to challenge a far broader swath of retail companies — from Old Navy to Sears to Sephora — as the two Canadian retail giants begin stocking their strongest brands and categories in each other’s stores.
Canada’s largest grocer is trying out a new discount small-store format in a bid to attract more customers in urban areas.
Loblaw Cos. Ltd. (TSX:L) said it opened the new 10,000-square foot store a few weeks ago in Calgary.
The location, named The Box by No Frills, offers “hard discounts and an everyday low price” on groceries and other merchandise, Sarah Davis, Loblaw’s chief financial officer said in a conference call Wednesday.
Loblaw Cos. Ltd. had made renewed commitments to compensate the victims of a factory collapse in Bangladesh where its Joe Fresh garments were made.
Canada’s biggest grocery chain made the announcement on the six-month anniversary of the disaster, which killed more than 1,100 and injured 2,500.
“Loblaw will begin providing long-term, direct financial compensation for the victims and their families that were producing our apparel at the New Wave Style factory in Rana Plaza, in 2014,” said Loblaw spokesman Bob Chant.
TORONTO, Ont. — The founders of an Ontario frozen yogurt company are meeting today with Galen Weston Jr., the head of Canada’s largest supermarket chain after an emotional video about their business dealings with the grocery giant went viral.
Amanda House says she and her husband, Chris Delaney, will meet with Weston at the Loblaw head offices at noon Friday to talk about their company, YoPro Treats Inc.
The meeting was arranged after Loblaw became aware of a video the 35-year-old kinesiologist and personal trainer uploaded earlier this week to YouTube.
TORONTO • Grocery giant Loblaw Cos. Ltd. is taking on Whole Foods in a test pilot of a new retail concept called Nutshell Live Life Well, a stand-alone franchise catering to the health-conscious crowd.
The first location will open this fall in downtown Toronto, Loblaw company spokeswoman Julija Hunter confirmed on Thursday, and will include a broad assortment of prepared, fresh and packaged foods, a prescription pharmacy, natural health and beauty products, vitamins and supplements.
Canadians will now be able to get home delivery of their Joe Fresh clothes.
The Loblaw Cos. apparel line, Canada’s biggest clothing brand, launched online shopping Monday as it faces a slew of rival fashion apparel competitors already online, and as the fortunes of its biggest U.S. sales channel, department store J.C. Penney, are dwindling.
Loblaw Companies Ltd. executive chairman Galen Weston said Thursday he’s troubled by the “deafening silence” from many retailers in the wake of the collapse of a building in Bangladesh that housed one of the company’s suppliers and killed more than 400 people.
Loblaw’s Joe Fresh clothing was being made at the building that collapsed last Wednesday.
Weston said up to 30 companies had used the factory for manufacturing, but only two have spoken out since disaster.
The collapse of a garment factory in Bangladesh that killed almost 400 people was inevitable, given the management track records of countries like Bangladesh, according to Galen Weston, chairman of retail giant George Weston Limited, which owns Loblaws.
“It’s tragic. It’s tragic and it’s inevitable, I guess, in terms of the way things have been managed in some of these countries,” he said Monday.
Loblaw Cos. Ltd. has launched a line of gluten-free baked goods line through its in-house President’s Choice brand of goods.
It comes amid a booming market for gluten-free goods in North America as a growing number of consumers try the way of eating popularized by the 2011 book Wheat Belly.