3 articles | last updated: May 16 19:07:03
Agreement aims to level playing field for suppliers and smaller retailers; Loblaw insists it won't raise prices.
- Loblaw agrees to sign the grocery code of conduct after six months of negotiations.
- The code is designed to ensure fair dealings between grocery retailers and suppliers.
- Loblaw's commitment is contingent on other major retailers also signing the code.
- Walmart and Costco are still reviewing the latest draft of the code.
- House of Commons committee had warned of making the code mandatory if major players didn't agree voluntarily.
People, Places and Things In This Story
- Loblaw Companies Retail company
- Costco Big-box store corporation
- Walmart Retailer corporation
- House of Commons of the United Kingdom Governing body
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- Business
- Finance