BRAMPTON, Ontario — Loblaw Cos. officials last week insisted they were making progress but analysts reviewing lackluster quarterly financial results questioned whether they could produce some proof. The retailer, still in the midst of reconstructing its supply chain and information technology systems, said net income for the first quarter declined 22.2% as a result of soft sales, higher costs and a $10 million investment in lower prices. Earnings of $128 million (U.S.) or 45 ...

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.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

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.

Already registered? here.