top of page
  • Writer's picturePopCan

While small businesses languish & die, grocery execs get BIG BONUES after boost from pandemic sales

Globe & Mail: Together, Loblaw, Empire (the parent company of Sobeys) and Metro have a combined market value of about $60-billion. They posted $100-billion in sales over the past 12 months, with just over $3-billion in profits, according to S&P Global Market Intelligence. While their single-digit profit margins are modest compared with those of other industries, for the past 12 months they’re up from prepandemic levels.

0 views0 comments

Recent Posts

See All

MSN: 'Russian energy giant Gazprom says it has suspended gas supplies to Latvia - the latest EU country to experience such action amid tensions over Ukraine. Gazprom accused Latvia of violating condit

JCCF: 'The Justice Centre regrets to announce that the Ontario Superior Court of Justice has postponed the constitutional challenge to the Ontario government’s now-cancelled vaccine passport mandates.

bottom of page