OTTAWA — An unlikely alliance between Canada’s independent grocers and the country’s three largest chains is forming amid accusations that grocery stores are…
At issue are cost increases being passed along to grocers by food suppliers.
“There’s just no business model in Canada that exists where you can’t help but pass those increases on to your customer,” Sands said. Galen Weston, the billionaire chairman and president of Loblaw, told MPs on Wednesday that the company’s profit amounts to about $1 for every $25 spent on groceries.
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