Price Deflation at Canadian Grocery Giant Loblaw; Anecdotes from the Illinois Home-Front
Posted on July 24th, 2010 in Economy | Comments Off
In response to Deflationary Wage Pressures Hit Canada; Attitudes and Wal-Mart, the 800-Pound Gorillas several Canadian readers sent me an update on the situation at Canadian grocery giant Loblaw. CBC News reports Loblaw seeing price deflation Brampton Ont.-based grocery giant Loblaw Companies said Thursday it’s feeling the pinch from price deflation and doesn’t see any signs that will ease anytime soon. Loblaw president Allan Leighton told investors on an earnings conference call that …
See the article here:
Price Deflation at Canadian Grocery Giant Loblaw; Anecdotes from the Illinois Home-Front