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Tag Archives: Food

Food sales lift the bottom lines of Loblaw Companies Ltd and Metro Inc


Metro Inc. and rival Loblaw Cos. Ltd. beat industry analysts’ projections for quarterly earnings Wednesday as the large grocery retailers benefited from stronger food sales, though the latter warned drug regulatory changes will weigh on its pharmacy business for the remainder of the year. Both retailers saw their shares rise …

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Chipotle restaurant shut down in Seattle for food-safety violations, adding to woes after E. coli outbreak


A Chipotle restaurant in Seattle was shut down for repeated food-safety violations, bringing a fresh headache to a chain reeling from norovirus and E. coli outbreaks. The public-health department for Seattle and King County closed the restaurant, which was located in the city’s South Lake Union neighborhood, according to a …

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How Freshii is riding the health food boom and finding inspiration from fast fashion to fuel its rapid expansion


TORONTO — Freshii founder Matthew Corrin hasn’t heard back from McDonald’s CEO Steve Easterbrook since the former’s cheeky proposal last year suggesting the two go into business together. But clearly the home of the Big Mac has been influenced in recent years by Freshii’s style of fast food: healthy, convenient …

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Chipotle Mexican Grill’s food poisoning outbreak causes traffic to fall in all but one category: teens


TORONTO — There’s one group of customers who don’t seem all that bothered by a series of outbreaks at Chipotle Mexican Grill: teenagers and college-aged youth. How Chipotle is changing its cooking methods after a devastating E. coli outbreak After an E. coli outbreak that sickened more than 50 people, Chipotle …

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Food inflation has deepened the price gap at discount grocery stores, and Loblaw Cos is set to cash in


TORONTO — A spike in food prices has widened the price divide between Canada’s grocery stores and their discount divisions — a factor that could play out in Loblaw Cos.’ favour. “Looking at identical items, the discount channel does not appear to have increased shelf prices to any significant degree, …

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