BRAMPTON, Ontario — Loblaw Cos. here last week said net income increased by 8.8% despite a 1.4% decrease in same-store sales during the second quarter, which ended June 18. Galen Weston, Loblaw's chairman, cited “unpredictable and competitively intense market conditions” for pressuring sales but said ongoing infrastructure improvements and cost savings helped boost earnings. Spending on infrastructure projects would likely keep pressure on profits for the second half of the fiscal year, he ...
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