First quarter financial reports are starting to paint a clearer picture of the impact the COVID-19 pandemic, and the subsequent government restrictions, have had on food demand. Restaurant sales — no surprise — have plummeted, and been replaced to a lesser extent by higher staple grocery sales. Tim Hortons, A&W, and McDonalds have all reported… Read More
Tag: Loblaw
Loblaw Companies and parent company George Weston Limited have admitted to participating in “industry-wide” price-fixing of bread for 14 years, dating from 2001 to March of 2015. “Under the arrangement, the participants regularly increased prices on a coordinated basis. The participants included Loblaw and the Weston Bakeries division of George Weston as well as other… Read More