Loblaw Agrees to Sign Grocery Code of Conduct

Published on May 17, 2024

Loblaw Cos. Ltd. said on May 16 it’s ready to sign on to the grocery code of conduct, paving the way for an agreement that’s been years in the making. After six months of negotiations, Loblaw president and CEO Per Bank said the retailer is now ready to sign as long as other industry players do too. “The code now is fair, and it will not lead to higher prices,” he said in an interview. The code has been developed by a group of leaders in the food industry, with the intention of evening the playing field for suppliers and smaller retailers....