Podknife - As food prices soar for Canadians, grocery chains are raking in higher revenues by Mainstreet Halifax from CBC Radio

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As food prices soar for Canadians, grocery chains are raking in higher revenues

Podcast |: Mainstreet Halifax from CBC Radio
Publisher |: CBC
Media Type |: audio
Podknife tags |: Canada,; News & Politics,; Society & Culture
Categories Via RSS |: News & Politics
Publication Date |: Feb 23, 2023
Episode Duration |: 00:10:27

Loblaws, the owner of Superstore, No Frills, SaveEasy, and Shoppers Drug Mart, is enjoying revenue well above what analysts predicted. Its fourth-quarter revenue rose about 10 per cent, to $14 billion — topping estimates of $13.75 billion. We ask food expert Sylvain Charlebois what he makes of this.

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