Costco voted most respected grocery retailer as Loblaws, Sobeys fall: survey

Canada News News

Costco voted most respected grocery retailer as Loblaws, Sobeys fall: survey
Canada Latest News,Canada Headlines
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Majority of Canadians expect grocery prices to continue to rise, according to a separate poll From alicjawithaj

). The survey was conducted on June 26 and June 27, prior to when some Metro workers in the Greater Toronto Area voted to go on strike.

Metro-owned discount brand Food Basics climbed from the No. 9 spot in 2021 to No. 4 this year, and Loblaw's No Frills moved one spot up to No. 5. The shift in rankings comes as Canadian grocery chains continue to see customers turn to discount brands amid high inflation. Canadian grocery chains have been the subject of public criticism and scrutiny as food inflation continues to soar to rates not seen in more than four decades, consistently remaining above Canada's headline inflation rate. Food prices jumped 9.1 per cent annually in June, slightly above the 9 per cent annual increase reported in May, even as the Consumer Price Index slowed to 2.8 per cent year-over-year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trudeau under fire for huge line at Brampton grocery store job fairTrudeau under fire for huge line at Brampton grocery store job fairVideo of a massive lineup of people outside a grocery store in Brampton has the Internet raging at the Liberal government.
Read more »

Video shows hundreds of people lining up desperate for jobs in MississaugaVideo shows hundreds of people lining up desperate for jobs in MississaugaJust one day after hundreds of people reacted to a video of a gigantic lineup of job seekers hoping to apply at a grocery store in Brampton, anothe...
Read more »



Render Time: 2025-02-22 16:01:29