date:Oct 18, 2013
titive position, Metcalfe added.
The retailer, which is buying Shoppers Drug Mart Corp for C$12.4bn ($11.98bn), presently has 134,000 full- and part-time employees working for the company and its franchised stores.
BMO Capital Markets' Peter Sklar said, While the anticipated savings from the current restructuring actions are not material, we characterize this development as slightly positive.
Loblaw operates as a food distributor and provides drugstore, general merchandise, gas bars, and fina