The company has a handful of smaller discount stores already, but plans to ‘lean in’ to the strategy as a way of reaching more customers, said Melanie Singh, who leads Loblaw’s discount division
is testing smaller-format discount stores across the country this year as shoppers increasingly look for ways to save on their grocery bill.
The location used to be a City Market, another banner owned by Loblaw. Four weeks ago, the company closed it down, said Singh, converting it to the No Frills store, which is owned by a franchisee who lives in the area. This move comes as shoppers have been increasingly gravitating toward discount stores and private-label brands to try and mitigate the effects of food inflation. Earnings reports from the major Canadian grocers have shown discount store traffic has been a major driver of sales growth amid this shift.
“I think that these type of discount grocers are important, and they’re going to grow, and they’re going to be popular not just now but in the future because of that, because these are permanent changes to the economics of living in big cities in Canada.” She noted that recently the company removed “multi-buy” promotions in all No Frills stores after feedback from customers, who said they couldn’t always afford to buy multiples of an item in order to get a better price per unit.
Canada News Breaking News Video Canadian Breaking News Breaking News Globe And Mail Breaking News Globe And Mail Canada News Photos World News Local News National News Us News Foreign News Sports News Arts News Life News Lifestyle Canada Traffic Canada Weather Trudeau Government Federal Government Canada Sports Canada Sports News Politics Politics News Political News Political Opinion Environment Economy Technology Education Travel Canada Alberta Bc British Columbia Manitoba Ontario Quebec Nova Scotia Pei New Brunswick Newfoundland And Labrador Nunavut Northwest Territories Yukon Globe And Mail
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Loblaw testing small-format No Frills as boycott continuesLoblaw is testing smaller-format discount stores across the country this year as shoppers increasingly look for ways to save on their grocery bill.
Read more »
Loblaw testing out small-format No Frills grocery storesLoblaw is testing smaller-format discount stores across the country this year as shoppers increasingly look for ways to save on their grocery bill.
Read more »
Loblaw testing out small-format No Frills grocery storesLoblaw is testing smaller-format discount stores across the country this year as shoppers increasingly look for ways to save on their grocery bill.
Read more »
Loblaw testing out small-format No Frills grocery storesLoblaw is testing smaller-format discount stores across the country this year as shoppers increasingly look for ways to save on their grocery bill.
Read more »
Grocery inflation: Two in five in Canada boycotting Loblaw: pollAlmost two-thirds of Canadians feel that inflation at the grocery store is getting worse, a new poll suggests, even as food inflation has been steadily cooling.
Read more »
Loblaw boycott begins — will Canada’s biggest grocer feel the pinch?The campaign to boycott Loblaw stores has officially kicked off, but will Canadians stop shopping at the grocery giant's various banners — including the Real Canadian Superstore, Shoppers Drug Mart, No Frills, T&T, Zehrs, Provigo, and Dominion? Anne Gaviola explains what's prompted the boycott, and whether it will have a meaningful impact.
Read more »