Loblaw news

21 February 2013
Loblaw has reported that total sales, for the full year to December 29, 2012, increased by 1.1% to $31.6bn, with net earnings down 15.5% to $650m. Retail sales increased by 0.8% to $31.0bn, with same store sales down 0.2%. Retail operating income fell by 16.1% to $1,101m. Improving trends provide confidence on strategy Although the retailer only delivered marginal sales growth, and operating...