Metro reports Q2 profits up 10% from year ago as sales rise Food same-store sales rose 5.8% compared with a year earlier, while pharmacy same-store sales gained 7.3% Metro chief says more price increases to come, shift to discount continues Metro president and CEO discusses inflation, supply chain issues and the growth of the grocer's discount banners on the company's Q2 earnings call Food inflation continues to slow, but still outpacing general CPI increases Lower prices for fruits and vegetables led to a deceleration in grocery prices Weston to step back from day to day operations at Loblaw as company announces new CEO Per Bank, the chief executive of Denmark grocery retailer Salling Group A/S, will join the company by early 2024 Costco executive tells MPs it has not sought to increase profits amid inflation Pierre Riel said Costco has received a draft of the code of conduct and will participate if the goal of the code is to lower costs for consumers Simon Somogyi to depart University of Guelph's Arrell Institute Somogyi to take up new role at Texas A&M University Amazon searching for mass grocery format worth expanding CEO Andy Jassy informs shareholders of big growth opportunity in physical stores Prairie farmers hope for 'normal' season after volatile couple of years Canadian farmers are eager to meet the growing global demand for food Olymel to close hog slaughtering and cutting plant, lay off 994 employees The company said the decision was “necessary” to alleviate $400 million in losses in the fresh pork sector Loblaw to invest $2B this year to open 38 new stores, renovate 600 locations Investment is expected to create more than 6,000 new jobs in retail, supply chain, technology and construction First Previous 87 88 89 90 91 Next Last