Ontario retail wars could spread

TORONTO —The influx of American stores such as Walmart and Target is hitting old-guard grocers like Loblaws and Metro hard, creating what RONA CEO and former Metro executive Robert Sawyer dubbed a “bloodbath” in September. Investors may have a better picture of players’ standings in the market when Loblaw, which is in the process of acquiring Shoppers Drug Mart, and Metro release their quarterly reports this week. Check out theglobeandmail.com.
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