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 ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.