Loblaw Due for Management Change: Analyst

Loblaw Cos. has been suffering from widespread out-of-stocks and capital underinvestment and could soon see a shift in top management, according to a report by an analyst.

TORONTO — Loblaw Cos. here has been suffering from widespread out-of-stocks and capital underinvestment and could soon see a shift in top management, according to a report by an analyst also based here. In a report detailing strategic missteps by Loblaw and other major Canadian grocers, Perry Caicco of CIBC World Markets said Loblaw’s store shelves have been blanked with green “out of stock” tags, as the company may have tried to reduce inventory in December to boost its fourth-quarter earnin

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