TSX:LConsumer Retailing
Grocery Code Puts Loblaw Under Spotlight As Valuation Questions Linger
Canada has introduced its first Grocery Code of Conduct, aimed at improving transparency and fairness in the grocery sector.
The new code covers relationships between large grocers and suppliers, with Loblaw Companies (TSX:L) among the key players affected.
Industry participants generally expect limited immediate impact on pricing or operations across the grocery industry.
Loblaw Companies, through banners like Loblaws, No Frills and Shoppers Drug Mart, is a major food and pharmacy retailer...