A seventh recently-build store in Sherbrooke will also carry the name. The move marks a shift by the company away from the Loblaw name in Quebec, where efforts to build shopper loyalty and growth for the brand over 15 years appears to have stalled. Two analysts questioned privately said they expect the grocer to rename all the Loblaw-branded stores in the province over time. Speaking to reporters after a luncheon organized by the Montreal Board of Trade, Mr.
Dandoy said the Loblaw banner will stay in Quebec for the time being although the company will review the business model periodically and make changes as needed. The Loblaws name still resonates positively with some Quebecers as a large-format offering, he said.
Loblaw bought Provigo in as a way to expand into the Quebec market. Quebec lawmakers approved the deal but extracted a commitment from Loblaw to buy a majority of its goods and services from Quebec suppliers for seven years. Today, despite that local commitment and the fact it arguably saddled Loblaw with crippling costs that rivals did not have, the takeover is viewed by some Quebec lawmakers with a certain level of regret as the headquarters of the combined company moved to the Toronto area.
Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Financial Post Top Stories will soon be in your inbox. We encountered an issue signing you up. Please try again. This website uses cookies to personalize your content including ads , and allows us to analyze our traffic.
Read more about cookies here. Statistics on the topic. Overview Number of food stores in Canada by type Revenue of Loblaw Companies Limited Canada Selling, general and administrative expenses of Loblaw Companies in Canada Annual food retail sales for Loblaws Canada Change in food retail same store retail sales for Loblaws Canada Annual drug retail sales for Shoppers Drug Mart Canada by type Change in same store sales for Shoppers Drug Mart Canada by type Income of Sobeys in Canada Top grocery stores at which consumers regularly shop in Canada Reasons for choosing a specific store for grocery shopping in Canada More interesting topics Related topics.
Food shopping behavior in Canada. Food retail in Canada. Supermarkets and grocery stores in Canada. Go to report. Contact Get in touch with us. We are happy to help. Vianny Gutierrez-Cruz. Sales Manager — Contact United States. Ziyan Zhang. Customer Relations — Contact Asia.
Kisara Mizuno. Customer Success Manager — Contact Asia. Lodovica Biagi. Director of Operations — Contact Europe. Catalina Rodriguez.
0コメント