Costs associated with the acquisition of the Shoppers Drug Mart chain triggered a 39.8% decline in quarterly net earnings, while sales inched up moderately amid intense competition, Loblaw Cos. said Wednesday.
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For the fiscal first quarter ended March 22, the Brampton, Ont.-based retailer reported sales of $6.7 billion (U.S.), a 1.2% increase over the same period in 2013, with same-store sales increasing by ...
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