TORONTO — Embattled Canadian supermarket operator Loblaw Cos. made the case for its aggressive pricing actions last week by citing the struggles of U.S. operators Tops and Albertsons. Though aggressive retail cost reductions over the past year have savaged Loblaw's earnings and have been called “irrational” by some competitors and industry observers, Loblaw officials in an investor conference last week said the tombstones of U.S. operators who failed to properly adjust pricing as they ...
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.