BRAMPTON, Ont. — The Globe and Mail has obtained a five-page memo from Loblaw to suppliers outlining in detail rules for pricing, including price-matching. Issued last year, the document requires vendors to pay the difference if when products are marked down for customers who have found a better deal elsewhere. Some of the practices recommended in the memo have drawn the ire of suppliers and the censure of the Competition Bureau, which has issued court orders on behalf of a number of suppliers. A Loblaw spokesperson said a revised version of the memo, issued in June, softened some of the language and removed some of the harsher penalties against recalcitrant vendors.
Loblaw pricing practices under fire
Most Recent
Most Read
Weyerhaeuser sales, earnings slip in Q2
Fri, July 26th, 2024
Don’t miss the incredible speakers at the Hardlines Conference!
Fri, July 26th, 2024
Canfor announces CEO succession
Thu, July 25th, 2024
West Fraser reverses Q2 loss
Thu, July 25th, 2024
Tractor Supply’s comp sales dip in Q2
Thu, July 25th, 2024
Loblaw turns in mixed Q2 results, strong online sales
Thu, July 25th, 2024
In memoriam: blues rock legend John Mayall
Thu, July 25th, 2024
Barcodes turn 50
Wed, July 24th, 2024
Featured Classified: RONA
Wed, July 24th, 2024
RONA affiliate makes acquisitions in Ottawa area
Tue, July 23rd, 2024