Loblaw Commits to Grocery Code of Conduct After Extended Negotiations

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.