NEW STORES BOOST LOBLAW

TORONTO -- Loblaw Cos. here said that new store openings -- 66 new stores opened and 57 stores closed for a net gain of 1.9 million retail square feet in the last four quarters -- drove sales gains for the third quarter and 40 weeks ended Oct. 4.flation remains low with some cost increases in the bakery and grocery categories partially offset by a decrease in produce.In the 16-week quarter, sales

TORONTO -- Loblaw Cos. here said that new store openings -- 66 new stores opened and 57 stores closed for a net gain of 1.9 million retail square feet in the last four quarters -- drove sales gains for the third quarter and 40 weeks ended Oct. 4.

flation remains low with some cost increases in the bakery and grocery categories partially offset by a decrease in produce.

In the 16-week quarter, sales increased 6.9% to $7.7 billion Canadian ($5.8 billion U.S.), and same-store sal

Register to view the full article

test - Advanced Registered User

Already a member? .