RESTRUCTURING IMPACTS LOBLAW RESULTS

TORONTO -- Loblaw Cos. here said it was weathering the short-term effects of its restructuring initiatives through a fiscal second quarter during which same-store sales were flat and earnings missed analyst estimates."As we've said before: We're going to take on a lot this year," John Lederer, president of Loblaw, told analysts in a conference call discussing quarterly results.As previously detailed,

TORONTO -- Loblaw Cos. here said it was weathering the short-term effects of its restructuring initiatives through a fiscal second quarter during which same-store sales were flat and earnings missed analyst estimates.

"As we've said before: We're going to take on a lot this year," John Lederer, president of Loblaw, told analysts in a conference call discussing quarterly results.

As previously detailed, Loblaw plans to close six warehouses and consolidate its supply chain activ

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