FCL to close Calgary warehouse

SASKATOON ― Federated Co-operatives Ltd. blamed Calgary Co-op’s decision to switch grocery suppliers for forcing its hand into closing its Calgary warehouse. In a statement, Federated Co-op VP Vic Huard blasted Calgary Co-op’s switch to competitor Save-on-Foods as an “avoidable development” that will add to the city’s economic pressures. Calgary Co-op, he added, will now lose out in millions of dollars of annual profit sharing, while FCL will be deprived of about $400 million in annual revenue. Calgary Co-op stated on its website that the change in suppliers was driven by consumer desire for “choice, quality and everyday value”.