Loblaws food prices

2023 - 2 - 3

Post cover — Image courtesy of "Globalnews.ca"

Loblaw says it's not to blame for higher food prices as grocer faces ... (Globalnews.ca)

Loblaw's corporate Twitter account sought to set the record straight on whether the grocer is profiteering from food inflation, but few online seemed ...

Charlesbois also said Thursday that there’s reason for further investigation into the food supply chain, however, with plenty of unknowns on the processing side. But the authors said then that a lack of transparency in grocers’ financial data makes it difficult to say where exactly higher profit margins are coming from. [food inflation](https://globalnews.ca/tag/food-inflation) after a series of social media posts drew the ire of some consumers. Dufresne said the company received “unprecedented cost increases” from suppliers this past year and continues to face pressures. all exceeded their average profits from the previous five years. [Loblaw Companies Ltd.’s](https://globalnews.ca/tag/loblaw/) corporate [end of the grocer’s price freeze on No Name products](https://globalnews.ca/news/9448685/loblaw-no-name-price-freeze-ending/).

The grocery price freeze is over — so brace yourself for even bigger ... (CBC.ca)

Shoppers like Palaash Tiwari know all too well that prices keep going up. Shopping for food in Toronto on Wednesday, Tiwari told CBC News that he's made major ...

"We won't be as susceptible to imports which are being punished by the exchange rate and other things." It's just staying at the same level." "We are going to do our best to make sure that price increases are gradual and progressive to protect prices as much as possible [but] unfortunately, inflation is continuing." Celery and grapes are almost as bad, with price increases of 49 and 46 per cent, respectively, in only two months. "There are cost increases coming, and we expect that some of these cost increases will be reflected at retail," he told reporters at a media briefing on Jan. either directly or indirectly, so that makes them subject to higher costs all along the supply chain. "Once the price freeze ends, customers can expect some prices may increase, but as mentioned originally, we will continue to hold most of our No Name prices flat," spokesperson Catherine Thomas said. He's also basically stopped going out to restaurants because of the prohibitive cost. The holiday price freeze put in place by some of Canada's biggest grocery chains has hit its expiry date, so shoppers should brace themselves for news that could be hard to swallow: get ready for your food bill to go up. Loblaws pledged in October that No Name-branded grocery staples wouldn't see price increases until the end of January at least. Statistics Canada data released this week shows that a slew of grocery items have seen double-digit price increases, beyond what is normal during winter months. The grocery chain pitched the plan as a salve for cost-conscious shoppers hit hard by high inflation, but people in the industry quickly panned it as little more than a publicity stunt, since grocery chains typically implement similar price freezes over that period, refusing to accept any price hikes from their suppliers during the critical shopping season.

No Name price freeze ends at Loblaw — and experts warn major ... (Toronto.com)

As pricing blackout ends, Metro CEO says a backlog of thousands of cost-increase requests from suppliers will hit soon, while Loblaw says it will aim to ...

1 “we’re going to see the third price increase in a year. The increase will put pressure on dairy processing costs and eventually on consumers, Charlebois said. The Crown corporation, which oversees Canada’s dairy supply management system, said the increase is due to the rising cost of production. No Name products are not the only items that will jump in price this month as the blackout period for price increases at other grocery retailers also comes to an end. “The cost of dairy has been a problematic category for quite some time,” Charlebois said. Canada’s big supermarket chains — Loblaw, Metro and Empire (Sobeys) — don’t seem to be suffering as several have When you combine all the increases, it amounts to over 14 per cent in total since February 2022.” The jump in dairy costs was anticipated after the Canadian Dairy Commission in November said it approved an increase in farm gate milk prices of about 2.2 per cent, or just under two cents per litre, effective Feb. 31,” a Loblaw spokesperson said in an email to the Star. Price freezing over the holiday season, from November to February, is a common industry practice. This followed the commission’s approval of 31, to give Canadians a break amid rising inflation,

Loblaw's lifting of No Name price freeze shows discount grocery in ... (The Globe and Mail)

This may come as a surprise for some Canadians, but our country doesn't really have any true discount grocery chain.

Loblaw just converted more than a dozen stores into discount Maxi stores in Quebec simply because the company is seeing the writing on the proverbial wall for their higher-priced banners. But they have not meaningfully changed the landscape. Strategies at Lidl and Aldi not only benefit the consumer with lower prices but also contribute to a more sustainable and efficient retail environment. (Lidl may have more branded products, however, depending on location.) This leads to lower overhead costs and allows stores to sell products at lower prices compared with competitors. But the option is simply not there. In recent years, what few discounted groceries we do get have grown scarce since No Frills and other “value” grocers, such as Empire’s FreshCo and Metro’s Food Basics, took a noticeable step back from their continuing fight with Walmart.

Loblaws criticized for decision to end No Name price freeze (Toronto Sun)

Loblaws' decision to not extend a three-month price freeze on its No Name products isn't going over well with grocery shoppers.

But @Loblawco replied directly: “We froze prices when costs continued to climb. Now their ‘price freeze’ is over, and they’re going back to seeing how much profit they can make by starving people.” Left on their own, CEOs won’t help you out with the cost of living.”

Loblaws Price Freeze Controversy Reaches Fever Pitch Online as ... (bramptonist.com)

Grocery Giant Loblaws Defends Business Decisions to End Price Freeze on No Name Brands as Customer Outrage Flares on Social Media.

The issue has been a topic of conversation on Twitter, with trending topics like ‘No Frills’ and ‘Galen Weston’ bringing out plenty of complaints. With the deadline of the price freeze looming, the future of Loblaws hangs in the balance. The price freeze has been met with increasing outrage from customers, who are now turning to social media to voice their frustrations.

Loblaws Twitter account engages in damage control over price ... (True North)

Grocery giant Loblaws' corporate Twitter account has been tweeting up a storm over the past few days in response to allegations that it's unfairly hiking ...

Loblaws is going on the offensive as politicians in Ottawa question the company’s business practices during high inflation and as Canadians face rising costs of living. But on a $100 grocery bill, our profit is less than $4,” wrote Loblaws. Food prices are higher in our stores simply because the manufacturers who make the products are charging more for them,” responded Loblaws. “We would say our prices are competitive when compared to other major grocers. “We froze prices to help customers at a time they needed it most. It’s easy to blame grocers for higher grocery prices.