Loblaw Q2 Adjusted Profit Rises 6.1%, Settles Bread-Fixing Lawsuits
Loblaw Q2 Adjusted Profit Rises 6.1%, Settles Bread-Fixing Lawsuits
George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services. This segment also offers credit card and other banking services, insurance brokerage services, guaranteed investment certificates, and wireless mobile products and services. The Choice Properties segment owns, operates, manages, and develops retail commercial and residential properties, leased to necessity-based tenants, industrial, and mixed-use and residential assets. It markets its products under the Shoppers Drug Mart, Joe Fresh, President's Choice Bank, no name, Farmer's Market, T&T, Life Brand, and PC Optimum brands. The company was founded in 1882 and is based in Toronto, Canada. George Weston Limited operates as a subsidiary of Wittington Investments, Limited.
213.09 | |
213.71 | |
- | |
217.51 | |
211.34 | |
142.6091-217.28 | |
28 389 M | |
22.5772 | |
133 M | |
60 726 M | |
0.0154 | |
0.399 |
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Loblaw Q2 Adjusted Profit Rises 6.1%, Settles Bread-Fixing Lawsuits
The Companies apologize to Canadians for their role in a decade-old, industry-wide bread price-fixing arrangement and agree to a total settlement of $500 million that will involve a cash payment of $4...
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