Jokes about Loblaws and Galen Weston Jr. are the best thing on the internet right now Loblaws GalenWestonJr
on specific house brand products at all of the many supermarkets and drug stores owned by his family.
Backlash to the strangely personal-sounding and hubristic promo was instant, and much of it was negatively charged in the direction of Weston — Chairman and CEO of , which owns Loblaw Companies Limited, which in turn owns such brands as Loblaws, Shoppers Drug Mart, Real Canadian Superstore, No Frills, No Name, President's Choice, Joe Fresh, Zehrs and more.Canada is just five big banks, two grocery chains, and three telecom giants in a puffer down jacket.
The email, padded with self-absolvent sentiments like"your grocery bill is higher today because the suppliers who make the products we sell are raising their prices for us," revealed that Canada's largest food retailer would be"locking" prices on products from its famously bare-bones No Name brand until January 31, 2023.
"...it's a bad look when our country's biggest corporate grocery chains are raking in billions more than usual while food bank usage spikes to historic highs."
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Opinion: Canadians must give thanks to our Loblaw overlords for their generous new marketing campaignLoblaw would like Canadians to believe that it’s doing consumers a great service by temporarily freezing the already inflated price of products under its No Name brand
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Loblaw’s No Name price freeze highlights power imbalance in grocery supply chainWhether Loblaw’s announcement is a PR stunt gone wrong will be decided by the public. But agri-food groups and economists told iPolitics that outcomes of price freezes more broadly point to grocer power and the need for more supply chain transparency.
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