Investment Strategies Program - Market Watch

Southern Alberta [change]

Market Watch

Monday Nov 15, 2017

Loblaw Cos. Ltd. is taking big steps to compete in an e-commerce world, and warning the changes will come at a cost.

The country's largest supermarket chain said on Wednesday it is launching home delivery of groceries in two major cities and shutting 22 unprofitable stores as it takes on rapidly shifting consumer preferences along with rising labour costs.

Source Report on Business Globe and Mail

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