Bob, the store’s owner, said he remained confident in the legal services of Dewey, Cheatham, and Howe to resolve the matter expeditiously and return to operations.
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I don’t get why loblaws is the only one named all the time. Hell Safeway and Saveon have similar or higher prices. Why do they get a free pass?
Loblaws operates their primary banner stores in all the most populous areas of Canada, and they operate grocery stores under some sort of banner in every province and territory.
Safeway is American and only operates in Western Canada, Save-On-Foods is also in Western Canada only. Both are much smaller than Loblaws.
So basically, scale & name recognition. I know people hate the “GTA is the centre of the universe” thing as well, but Loblaws is the “expensive” grocery store in southern Ontario, which contains our national capitol and the capitol of our biggest province, which is also the HQ of all of our national newspapers and public TV station. So it will get special legislative & media attention too.
Safeway Canada is owned by Sobeys along with many other brands like Freshco.
Really almost all Canadian groceries stores are owned by Loblaws, Jim Pattinson group or Sobeys. Again not sure why they get off the hook.
3 way monopoly is the Canadian way.
Where do you shop if not at Loblaws? Anything not a subsidiary of the above three?
Agreed, I’m just explaining why Loblaws gets undue attention. Sobeys is half the size of Loblaws and Loblaws has a way bigger presence in Southern Ontario.
I don’t think they get off the hook exactly, I just think journalists go for the bigger target. I can’t count how many times I’ve seen a headline like “Your iPhone is about to explode and kill you!” and it turns out it’s literally about any device with a lithium-ion battery. It’s just to grab attention.
Isn't that the chain that's owned by some right-wing shithead who was under investigation for something shady?
I remember when dairies had convenience stores and they'd sort of set the price for dairy products everywhere. No one is paying a 50+% markup when they can readily get it for half the grocery price. Now most are 7/11's and dairy is not big on their sales list
Everybody buy No Name orange juice and maybe we can bankrupt them. Unless I'm reading it wrong.
What? No name products are from what I understand excess product made by the branded companies for certain grocery chains.
So the problem here with loblaws isn't that the manufacturers have increased their prices by 54% it's loblaws who have brought the product in to sell and marked up the price.
For a quick shitty example. Let's say you're selling OJ and you want $1 per bottle. Loblaws says okay we'll sell it in our stores. Now loblaws has your OJ on the shelf but it's priced at $1.54.
Therefore if the store is already shameless and marking up products this much you can bet that these no name products would probably have equal to or potentially more profit in it.
It looks like they sell it at a 20% loss though
And where else are we going to go? This country is just three monopolies in a trench coat masquerading as a fair and competitive market. We don’t have any choice. Galen knows this.
From Loblaw’s website:
We serve local communities with stores from coast to coast. Our family includes: Atlantic SuperstoreTM, Dominion®, Loblaws®, Maxi®, No Frills®, Provigo Le Marché®, Valu-MartTM, Real Canadian Superstore®, Wholesale ClubTM, Your Independent GrocerTM and ZehrsTM.
From Shopper’s Drug Mart website:
2014
Loblaw Companies Limited acquires Shoppers Drug Mart Corporation for $12.4 billion in cash and stock, bringing together two iconic Canadian brands
A co-op. You all pitch in and buy bulk straight from the farm and then distribute it without a markup. Obviously there are distribution costs as well which get divided by the number of participants in the "group buy"
Your Independent Grocer
At least they have a sense of humour
Thankfully out in BC we have Asian and Indian francise grocery stores. Their prices are way less than Loblaws/Superstore. It means all oil, flour, rice, lentils, veg groceries, sauces, potatoes, dairy, etc are one trip at an Indian grocery, then other items like deoderant, water filter, etc are done at walmart.
Potatoes at Indian grocer $2.99-$3.99 same bag at SuperStore $8.99
4 green peppers at indian grocer, $3.xx , and SuperStore wanted $10.99
Dealing in Volume, SuperStore should be less
I hear ham flipping is even more lucrative.
This year I invested in pumpkins. They've been going up the whole month of October, and I've got a feeling they're going to peak right around January and BANG! That's when I'll cash in!
I must have missed this on Bob Loblaw's Law Blog
Our Albertson's (including most Safeway brands) in my region want to merge with the Kroger brand stores. They say it'll be good for customers. 🙄
Maybe we can socialize grocery stores, it will help farmers bring their crop to market
There is such a thing as CO-OPs.
I have a good thing going right now.
I have a csa to get seasonal stuff and eggs, a local farmers market for meat and berries. I hit up a locally owned Vietnamese grocery store for imported stuff and then costco once a quarter or so for bulk stuff and a little bit of processed stuff. Cut my food costs by more than half. Berries are 5 for 2.5 pints (5 of of those containers you get at the grocery store), I got kolbasa today, 10$ for about 2ft worth. Amazing quality too.
In some places, I feel like seizing all of the sobeys, metros, loblaws will expand their reach
Get these crooks under control; history repeats and we are long overdue a revolution.
Loblaw should have restricted their business to Bob Loblaw's Law Blog.