Content about Loblaw Cos.

May 2, 2012

Canadian grocery chain Loblaw Cos. reported that net income for the first quarter plummeted 22% to $128 million, compared with $156 million in the year-ago period.

Brampton, Ontario -- Canadian grocery chain Loblaw Cos. reported Wednesday that net income for the first quarter plummeted 22% to $128 million, compared with $156 million in the year-ago period. The country’s largest food retailer was squeezed by higher costs and heightened competition as Wal-Mart Stores continues its march into Loblaw territories.

Revenues for the quarter edged up .9% to $7.02 billion. Same-store sales dipped 0.7%.

July 26, 2011

Former Limited exec hired by Sears Canada

Sears Canada, a subsidiary of Sears Holdings Corp., said Monday it has hired former Limited Brands online executive VP Steven Goldsmith as its executive VP merchandising, apparel and accessories.

Toronto -- Sears Canada, a subsidiary of Sears Holdings Corp., said Monday it has hired former Limited Brands online executive VP Steven Goldsmith as its executive VP merchandising, apparel and accessories.

The move comes after the resignation of Sears Canada CEO Dene Rogers and subsequent replacement by former Loblaw Cos. executive Calvin McDonald.

July 22, 2010

Loblaw sales edge up in Q2

Canadian drug store retailer Loblaw Cos. reported Thursday that total sales for the quarter ended...

January 27, 2010

Loblaw COO named CEO of U.K. chain Morrisons

Dalton Phillips, COO of Loblaw Cos., is leaving the company to take the chief executive...

July 30, 2008

Hudson's Bay Names Zellers CEO

Hudson's Bay Co. has appointed Mark Foote to serve as CEO of its Zellers discount...