Galen Weston has stepped down as the president of Loblaw Companies Ltd, with Per Bank taking over as the new CEO. Weston defended the supermarket chains against criticism of driving a national affordability crisis.
He stated that grocers are not responsible for high food prices and cannot resolve inflationary pressures on their own. Loblaw also called out 'large global suppliers' for increasing prices despite efforts to address inflation.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Skimpflation: When Companies Swap Out Ingredients in Food ProductsSkimpflation is when companies swap out ingredients in food products for cheaper ones without lowering the price. The practice can be hard to detect because shoppers don't have access to companies' recipes.
La source: CBC - 🏆 32. / 63 Lire la suite »
Creating Pseudo-Positions in CompaniesSome managers resort to 'time-tested methods' of creating pseudo-positions when staff is unhappy with the lack of growth prospects.
La source: boredpanda - 🏆 18. / 72 Lire la suite »
Canadian Companies Warn of Consumer Weakness Amid Rising Debt PaymentsCanadian companies are reporting a decline in consumer spending due to rising debt payments and inflation. The high household debt levels in Canada are causing consumers to change their behavior, leading to a decrease in sales for various industries. This trend is expected to continue as mortgage borrowers experience increased payments.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »