TORONTO — A flood of new square footage for food sales resulting from Wal-Mart Stores’ expansion is proving to be a “disruptive” force in the Canada food retail market, Galen G. Weston, executive chairman of Loblaw Cos., said at an investor conference here. Wal-Mart, which is converting many of its discount stores across the country to a supercenter format, is affecting fresh food sales in particular, Weston said. “Even though we’re quite confident about the way we’re competing against ...
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