The move comes as the federal Competition Bureau is preparing to enforce new limits on the practice, and as Canada’s largest grocer seeks to rebuild trust with Canadians
is committing to eliminate exclusivity clauses in store leases that prevent competitors from setting up shop nearby – if other grocery retailers agree to do the same.
Mr. Bank said that if other retailers agree, Loblaw would retroactively give up all exclusivity arrangements in existing leases, as well as future ones. This “will lead to more stores and more discount stores in general for Canadians. So, they will get a better offer, and we will have a more competitive landscape,” Mr. Bank said.
The bureau is also currently investigating Loblaw parent George Weston Ltd. and its competitor, Sobeys parent Empire Co. Ltd., for their use of real estate restrictions. That investigation is focused on the Halifax area. Last week, the bureauMr. Bank said Loblaw’s willingness to eliminate those controls in its leases “has nothing to do with that investigation,” but is part of a larger effort to rebuild consumers’ trust and encourage competition in Canada’s grocery market.
“Once the law comes into force, it gives the tribunal authority to make an order, but it doesn’t say all exclusives are invalid,” Mr. Parker said. “... What it will actually look like in practice, nobody really knows yet.”last year saying that Canada’s grocery industry is too concentrated to provide customers with enough choice. Scrutiny of the sector has ramped up in the past three years as grocery prices spiked by more than 20 per cent since 2021.
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