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Lately: Redditors vs. Loblaw, Shopify shares and Met Gala deepfakes
lately
Boycotting the Loblawpoly
Podcast
politics
NDP leader slams Liberals for giving nearly $26-million to Costco, Loblaw in recent years
NDP Leader Jagmeet Singh speaks during a press conference in Toronto on Monday, April 1, 2024. Singh is slamming the federal Liberals for handing out nearly $26 million to Costco and Loblaws for energy-efficient appliances in recent years.THE CANADIAN PRESS/Nathan Denette
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Loblaw boycott begins, Trans Mountain expansion opens and Bank of Canada eyes interest rate cuts: Must-read business and investing stories
Shoppers enter Loblaw in Toronto’s east end. A quick-growing month-long boycott movement begins against the grocery giant for the month of May, as shoppers express frustrations with high food prices. May 1, 2024. (Sammy Kogan/The Globe and Mail)
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Loblaw boycott organizer says she met with CEO to talk about grocery prices
A boycott targeting Loblaw is gaining momentum online, the latest sign of Canadians’ mounting frustration with the major grocers. A Loblaws grocery store is shown at a Bowmanville, Ont. shopping centre on Tuesday Feb. 28, 2023. THE CANADIAN PRESS/Doug Ives
politics
Politics Briefing: BoC’s Tiff Macklem says interest rates unlikely to return to pre-pandemic levels
Bank of Canada Governor Tiff Macklem arrives to appear as a witness at a House of Commons Finance Committee in Ottawa on Thursday, May 2, 2024. THE CANADIAN PRESS/Sean Kilpatrick
opinion
Loblaw’s facade of benevolence has fully cracked
Robyn Urback
canadian industry
Calls for Loblaw boycott are ‘misguided criticism,’ Galen Weston says
Canada’s biggest grocers are investing money and space in discount stores like No Frills, Food Basics and FreshCo as shoppers look for ways to save on food. A customer pushes a shopping cart full of groceries from a NoFrills grocery store, in Toronto, on Thursday, November 23, 2023.THE CANADIAN PRESS/Chris Young
canada
Month-long boycott of Loblaw-owned grocery brands and stores begins
Shoppers enter Loblaw in Toronto’s east end. A quick-growing month-long boycott movement begins against the grocery giant for the month of May, as shoppers express frustrations with high food prices. May 1, 2024. (Sammy Kogan/The Globe and Mail)
inside the market
Market movers: Stocks that saw action on Wednesday - and why
people shop in the produce area at a Loblaws store in Toronto on May 3, 2018.
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Loblaw reports 9.8% quarterly profit boost, hikes dividend 15%
People shop at a Loblaws store in Mississauga, Tuesday Jan. 30, 2024. (Christopher Katsarov/The Globe and Mail)�
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Loblaw reports first-quarter profit and revenue up from year ago, raises quarterly dividend 15%
Customers leaving Loblaws on Dupon Street in Toronto on September 20, 2023
rob magazine
Out of the spotlight: Hailing the unsung executives who move their companies forward
David Simmonds, SVP & Global Chief Communications and Sustainability Officer for Canada Life, walks through the Canada Life offices in Toronto, ON on March 18th, 2024. Duane Cole/The Globe and Mail
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Documents reveal Ottawa’s efforts to get Loblaw, Walmart on board with grocery code of conduct
An expert in Canadian competition says Loblaw’s move to reduce discounts on its last-day sale items is highly unlikely to be evidence of collusion in the grocery industry. The Loblaws flagship location on Carlton Street in Toronto on Thursday May 2, 2013.THE CANADIAN PRESS/Aaron Vincent Elkaim
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What Australia and the U.K.’s grocery codes can teach us about Canada’s food fight
Loblaw Cos. Ltd. reported its fourth-quarter profit and sales rose compared with year ago. A man leaves a Loblaws store in Toronto on Thursday, May 3, 2018. THE CANADIAN PRESS/Nathan Denette
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Grocery code of conduct won’t drive food prices higher, Empire chief executive says
With a shopping list, Hugh Mountford shops for produce at the Sobeys grocery store in Leaside, on Mar 27 2019.
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Loblaw paid new CEO Per Bank $22-million in 2023
CEO of Loblaws, Per Bank poses for a photograph at a store in Mississauga, Tuesday Jan. 30, 2024. (Christopher Katsarov/The Globe and Mail)�
opinion
Don’t dispense with drug competition
The Editorial Board
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Weston, McCain met to discuss bread prices, plaintiffs in class-action lawsuit allege
Galen G. Weston, Chairman and President of Loblaw Companies Limited waits to appear as witnesses at the Standing Committee on Agriculture and Agri-Food (AGRI) investigating food price inflation in Ottawa, Wednesday, March 8, 2023. THE CANADIAN PRESS/Spencer Colby
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Auto insurers face pushback over preferential deals with health care providers
Kyle Whaley, the executive director, and a physiotherapist for Propel Physiotherapy, is photographed at the company’s Etobicoke clinic on Mar 6, 2024. (Fred Lum/The Globe and Mail)
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How personalized offers shape grocery shopping: ‘A constant test-and-learn process’
Diana Skakavac unpacks groceries in the kitchen of her grandparents' home in Toronto on Wednesday, Feb.21, 2023. Skakavac is behind the @havecouponswilltravel Instagram account. THE CANADIAN PRESS/Chris Young
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Why Canadians see the biggest grocers as the villains of food inflation
Galen Weston may not be the president of grocery giant Loblaw anymore, but you wouldn’t know that based on how often his name and face appear in connection with the company: in memes, on social media, and now emblazoned across the top of a new Reddit page dedicated to high food prices in Canada. Weston waits to appear as witnesses at the Standing Committee on Agriculture and Agri-Food (AGRI) investigating food price inflation in Ottawa, Wednesday, March 8, 2023. THE CANADIAN PRESS/Spencer Colby
inside the market
Market movers: Stocks that saw action on Thursday - and why
The Suncor Energy Centre picture in downtown Calgary on Friday, Sept. 16.
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Loblaw profit, sales gain as inflation-weary shoppers visit discount banners, opt for private-label brands
Experts say the main factors that have driven grocery prices up over the past couple of years are global ones. People shop at a Loblaws store in Toronto on Thursday, May 3, 2018. THE CANADIAN PRESS/Nathan Denette
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Loblaw spending more than $2-billion to build over 40 new stores, renovate hundreds
FILE PHOTO: A Loblaw logo is seen outside a grocery store in Ottawa, Ontario, Canada, February 14, 2019. REUTERS/Chris Wattie/File Photo
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House committee tells Loblaw, Walmart to sign grocery code of conduct or risk legislation
<div>The House of Commons committee studying food prices is urging Loblaw and Walmart to sign on to the grocery code of conduct or risk having it made law. The Loblaws flagship location on Carlton Street in Toronto on Thursday May 2, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim</div>
opinion
Manulife reversed its pharmacy deal with Loblaw’s Shoppers Drug Mart – so what?
Vass Bednar
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What is the name of Google’s new rival to ChatGPT? Take our business and investing news quiz
Bell Canada head office is seen on Nun's Island, Wednesday, August 5, 2015, in Montreal.
canada
Evening Update: London, Ont. police chief apologizes to woman at centre of Hockey Canada sexual-assault case
London Chief of Police Thai Truong attends a press conference as five Canadian professional hockey players face charges stemming from an alleged sexual assault dating to the time they were members of the country's 2018 world junior team, in London, Ontario, Canada February 5, 2024. REUTERS/Carlos Osorio
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Manulife backtracks plan to give Loblaws exclusive right to fill prescriptions for some drug plan members
Customers leaving the Shoppers Drug Mart store on Yonge St. near St.Clair Ave., are photographed on Mar 17 2020. The drug store chain had offered the first hour opening to seniors or those with disabilities. One customer said that she was told by staff that this only applied to those stores that sold food products.
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Loblaw CEO Per Bank isn’t here to be famous
CEO of Loblaws, Per Bank poses for a photograph at a store in Mississauga, Tuesday Jan. 30, 2024. (Christopher Katsarov/The Globe and Mail)
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Ottawa should boost grocery competition at home, not seek outsider, experts say
A group of leaders in the agriculture and food industries is launching a national alliance to work toward achieving net zero in Canada's agri-food sector by 2050. People shop in the produce area at a Loblaws store in Toronto on May 3, 2018. THE CANADIAN PRESS/Nathan Denette
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Manulife, Loblaw need to ‘get the message’ on competition following deal, Champagne says
<div>The federal minister in charge of promoting competition says he's concerned about a deal between Manulife Financial Corp. and Loblaw Cos. Ltd. that restricts patients from filling out prescriptions for specialty drugs at other pharmacies under their insurance plans. Innovation, Science and Industry Minister Francois-Philippe Champagne arrives to a caucus meeting on Parliament Hill in Ottawa on Wednesday, Jan. 31, 2024. THE CANADIAN PRESS/Sean Kilpatrick</div>
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Manulife-Loblaw deal to deliver specialty drugs sparks access, competition concerns
Some pharmacare policy experts are raising concerns about competition and patient access to much-needed medication after Manulife Financial Corp. announced certain prescription drugs under its coverage are now only available at Loblaw Cos. Ltd. pharmacies. Signage is seen on Manulife Financial Corp.'s office in Toronto on Feb. 11, 2020. THE CANADIAN PRESS/Cole Burston
inside the market
Tuesday’s analyst upgrades and downgrades
The Sun Life Financial logo is seen at their corporate headquarters of One York Street in Toronto in February of 2019.
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Loblaw discount reduction not evidence of grocery collusion, competition expert says
An expert in Canadian competition says Loblaw’s move to reduce discounts on its last-day sale items is highly unlikely to be evidence of collusion in the grocery industry. The Loblaws flagship location on Carlton Street in Toronto on Thursday May 2, 2013.THE CANADIAN PRESS/Aaron Vincent Elkaim