Loblaw to spend $2 billion to expand business this year, creating 6,000 jobs

Loblaw Companies Ltd. on April 14 said it would spend $2 billion to expand its business in 2023 and create more than 6,000 new jobs in retail, supply chain, technology and construction in Canada.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account

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That's not good. Loblaws main business model is based on us struggling to pay our rent and mortgages. Nobody goes to superstore when they got disposable income and wanna treat themselves. Looks like we're cooking at home for a while.

Ripping Canadians off all through covid. Will only hire Trudeaus ' new immigrants ' . No win win at all

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Loblaw to spend $2-billion to expand business in 2023, create 6,000 jobsLoblaw also expects to use the investment to grow and improve its stores; it said it will open 38 new or relocated stores and renovate or convert nearly 600 others Times are tough, eh folks...well not for Loblaws for some reason. Which business? For-profit healthcare? “Loblaw to spend $2-billion to expand” Awash with cash they don’t want to report record profits again. Instead they will invest it and reap record profits when the spotlight moves away. “Galen Weston got a 55 per cent raise last year” CBC 5-Apr-23
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Matthew Lau: Galen Weston deserves his raise, which is Loblaw’s business not anyone else’sRewarding corporate executives for good performance resonates with employees and investors — via fpcomment fpcomment This is a Conservative view. fpcomment Boycott Loblaws fpcomment It is my business when his grossly exorbitant salary results in higher food prices!
Source: nationalpost - 🏆 10. / 80 Read more »