Loblaw Plans 43 Store Closings

TORONTO Loblaw Cos. here will close 19 stores under the Provigo banner and 24 cash-and-carry wholesale outlets as part of a formula for growth outlined by its new management team in a quarterly conference call last week. Loblaw also said it would expand 44 of its grocery stores in Ontario to its Real Canadian Superstore concept. The changes, which will result in combined charges of $112 million to

TORONTO — Loblaw Cos. here will close 19 stores under the Provigo banner and 24 cash-and-carry wholesale outlets as part of a “formula for growth” outlined by its new management team in a quarterly conference call last week.

Loblaw also said it would expand 44 of its grocery stores in Ontario to its Real Canadian Superstore concept.

The changes, which will result in combined charges of $112 million to $130 million, were among a number of initiatives discussed by the new

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