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Loblaw to close 52 unprofitable stores including pharmacies, grocery stores

2015-07-23 19:38:35| Grocery - Topix.net

Loblaw Companies Ltd. says it plans to shut down 52 unprofitable stores in its chain of various retail outlets in a move that will cut sales but boost its operating profit. The company says the closures will take place over the next 12 months and reduce its sales on an annual basis by about $300 million.

Tags: including close stores grocery

 

Loblaw plans to close 52 unprofitable stores across a range of banners

2015-07-23 14:29:08| Grocery - Topix.net

Loblaw Companies Ltd. says it plans to close 52 unprofitable stores across a range of its banners and formats in a move that will cut sales but boost its operating profit. The company says the closures will take place over the next 12 months and reduce its sales on an annual basis by about $300 million.

Tags: of close range stores

 
 

Loblaw closing 52 unprofitable stores over next 12 months

2015-07-23 14:29:07| Grocery - Topix.net

Loblaw Companies Ltd. says it will close 52 unprofitable stores over the next 12 months, the company revealed Thursday. Loblaw Companies Ltd. plans to close 52 unprofitable stores in Canada over the next year, it says in its second-quarter earnings release.

Tags: months stores closing unprofitable

 

Loblaw says Ontario employees accept six-year contract, end strikes

2015-07-11 07:18:55| Grocery - Topix.net

Canadian food distributor Loblaw Companies Ltd said its employees in 69 stores in Ontario have voted to accept a six-year contract, and all ongoing and pending strikes have been canceled. Strikes commenced on July 2 in nine stores and strikes scheduled to commence in 60 additional stores on July 11 have been canceled, Loblaw said.

Tags: end accept contract employees

 

Strike deadline pushed back to July 11 as Loblaw workers vote on amended offer

2015-07-04 09:39:10| Grocery - Topix.net

A possible strike by 12,000 workers at 60 Loblaw owned stores across Ontario has been pushed back a week. Two days of provincially mediated talks between Loblaw Companies Ltd. and the United Food and Commercial Workers have produced an amended contract offer.

Tags: back july offer vote

 

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