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Loblaw Faces Growing Consumer Boycott Over High Grocery Prices

Amid rising food costs, Loblaw executives engage with boycott organizers, defending pricing strategies while facing public and legislative scrutiny.

  • Loblaw CEO meets with boycott organizer to address consumer frustrations over escalating grocery prices.
  • CFO defends Loblaw's pricing, citing competition with global retailers like Walmart as a factor in maintaining market fairness.
  • Boycott spurred by a Reddit group gains traction, reflecting widespread consumer dissatisfaction and calls for pricing reforms.
  • Loblaw removes multi-buy promotions at No Frills stores in response to feedback from budget-conscious shoppers.
  • Canadian competition authorities and legislators urged to investigate grocery sector practices amid allegations of price gouging.
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