07:42:04 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Empire Company Ltd
Symbol EMP
Shares Issued 145,085,554
Close 2024-04-29 C$ 32.14
Market Cap C$ 4,663,049,706
Recent Sedar Documents

FP/CP say Loblaw boycott seen gaining steam

2024-04-30 09:21 ET - In the News

See In the News (C-L) Loblaw Companies Ltd

The Financial Post reports in its Tuesday, April 30, edition that a boycott targeting Loblaw is gaining momentum on-line, with what could be thousands of shoppers taking their money elsewhere in May. A Canadian Press dispatch to the Post reports that it is the latest sign of Canadians' mounting frustration with the major grocers, which have been under political and public scrutiny for rising food prices and profits. "We don't want to struggle anymore," said Emily Johnson, a mental health and addictions worker in Milton, Ont., and one of the boycott's organizers. Ms. Johnson and others started organizing the boycott after a Reddit group she created gained thousands of followers looking for a place to complain about Loblaw and other grocers. The page, r/loblawsisoutofcontrol, now has about 56,000 members. While there is no way of knowing how many will participate in the boycott, the page is full of posts from people who say they plan to, or have already started. There is also a list of demands to Loblaw from the boycott organizers that includes signing a grocery code of conduct and committing to affordable pricing. Ms. Johnson said the primary aim is to have a financial effect on Loblaw.

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