Loblaw Q1: adapting to value environment fuels innovation

Date : 09 May 2023

Stewart Samuel

Director of Retail Futures

We review Loblaw’s Q1 results and the actions it’s taking as Canadian shoppers gravitate to value solutions. Q1 key numbers Total revenue increase 6.0% to $12,995m, with retail segment sales up 5.7% to $12,735m Food retail same-stores sales increased by 3.1%, including a negative impact…
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