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 ...
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