Loblaw Reverses Course on Ending 50 Percent Discount on Nearly Expired Foods

Loblaw Companies Ltd. has announced a reversal of its earlier decision to end the 50 percent discount on food products nearing their best-before dates. Loblaw Companies Ltd. had recently revised its discount policy for perishable food items close to their expiration date. Instead of the previously-offered discounts of up to 50 percent, the company said it would cap the discount at 30 percent on items like meat, fruit, and vegetables. The change applied to its various grocery stores, including Loblaws, No Frills, Valu-Mart, Your Independent Grocer, and Zehrs. Loblaw explained that the move aims to create a more uniform and predictable pricing strategy, aligning with practices of its market competitors....