TORONTO — Loblaw's fourth-quarter financials showed progress in its turnaround program, but company officials are bracing for a difficult year ahead. A worsening economy, along with needed investments in store renovations and technology infrastructure, would “challenge results” in fiscal 2009, which began Jan. 4, Loblaw officials said in a conference call last week. “People have accused me of being too cautious about this, but I think this will be a very tough year and I don't think we've ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.