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Canada is a step closer to establishing its first-ever set of grocery industry rules in a bid to even out power imbalances for both food producers and grocers in a
Canada is a step closer to establishing its first-ever set of grocery industry rules in a bid to even out power imbalances for both food producers and grocers in a
"We did not pass the full amount of cost inflation to customers, leading to food gross margin declines yet again this quarter," Loblaw chairman and president Galen Weston said.
Efforts to craft a Canadian grocery code of conduct have reached a major milestone with a proposed final version that includes a process to resolve disputes and impose sanctions on systemic violators of the code.
Many big food makers with headquarters outside of Canada are continuing to pass along significant price increases to retailers.