Loblaw turnaround in the balance
Loblaw, Canada's largest food retailer, has faltered recently as Wal-Mart slowly builds its presence north of the border. It's all change in the company's boardroom, with Allan Leighton, once vital to the turnaround at Asda in the 1990s, charged with breathing fresh life into another grocer. But, as Dean Best discovers, Loblaw's strategy has left retail watchers unconvinced.
Shake-up at Loblaw leaves questions unanswered
22 April 2008
Loblaw, Canada's largest food retailer, has faltered recently as Wal-Mart slowly builds its presence north of the border. It's all change in the company's boardroom, with Allan Leighton, once vital to the turnaround at Asda in the 1990s, charged with breathing fresh life into another grocer. But, as Dean Best discovers, Loblaw's strategy has left retail watchers unconvinced.
CANADA: Ex-Asda boss Leighton takes Loblaw helm
21 April 2008
Loblaw Cos, Canada’s largest food retailer, has today (21 April) named ex-Asda CEO Allan Leighton as president of the company amid a management overhaul.
CANADA: Loblaw overhaul weighs on George Weston
14 February 2008
George Weston, North America’s largest baked good maker, saw underlying profits fall last year due to the ongoing restructuring at Loblaw, its Canadian supermarket arm.
CANADA: Loblaw profits fall amid bid for recovery
8 February 2008
Loblaw Cos, the Canadian retailer, saw underlying profits tumble 22% in 2007, the company said yesterday (7 February).
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