LOBLAW INVESTS IN NONFOOD CATEGORIES TO GROW SALES

TORONTO (FNS) -- Loblaw Cos. is expanding its product offerings across Canada with plans to sell gas, hardware and other household goods and electronics as part of its effort to grow sales by 8% to 9% a year over the next five years.As the country's dominant grocer with sales of $13.7 billion ($21.5 billion Canadian) last year, Loblaw can't grow much further with food, Chairman Galen Weston told shareholders

TORONTO (FNS) -- Loblaw Cos. is expanding its product offerings across Canada with plans to sell gas, hardware and other household goods and electronics as part of its effort to grow sales by 8% to 9% a year over the next five years.

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