Financial Post: 'The standoff is an escalation in tensions in the Canadian supermarket business, which has been in turmoil during the pandemic over claims that the biggest grocers have used their dominance in the market to squeeze their suppliers.
'Loblaw controls roughly 35 per cent of the grocery market in Canada, according to a report from market research firm IBIS World in 2020. (That report did not include Walmart and Costco.) The fact that one snack company would risk such a large portion of the market should underscore the severity of the situation, said Michael Graydon, who leads the manufacturing lobby group Food, Health and Consumer Products of Canada.'
Comments