Canadian retailer Loblaw on Wednesday missed analysts’ estimates for fourth-quarter revenue, signaling consumers are turning cautious and more discerning in their spending pattern as tariff uncertainty hovers.
Tag Archives food prices
Canada’s Loblaw misses fourth-quarter revenue estimates
General Mills cuts annual outlook as shoppers seek cheaper options
General Mills cut its annual core sales and profit forecasts on Tuesday as the Cheerios cereal maker contends with a volatile economic backdrop and evolving consumer tastes.
Canadians worked first 39 days of 2026 to pay for year’s grocery bill says CFA
Sunday marked “Food Freedom Day,” the date by which the average Canadian household earned enough money to cover its annual grocery bill as per calculations from the Canadian Federation of Agriculture.
Burger King-owner Restaurant Brands beats fourth-quarter sales estimates
Restaurant Brands reported fourth-quarter comparable sales above estimates on Thursday, helped by resilient traffic at its Burger King and Tim Hortons chains.
Carney wins admiration globally but struggles to lower food costs at home
Prime Minister Mark Carney has earned global admiration for openly declaring the end of a global order based on rules, but he has had far less success addressing a growing and more day-to-day concern at home: the rising cost of food.
Federal food affordability measures, food security strategy announced
The federal government has pledged to fund several measures aimed at strengthening food security and affordability.
World food prices extend fall in December, UN’s FAO says
World food prices declined for a fourth consecutive month in December, marking the lowest average since January, the United Nations’ Food and Agriculture Organization said on Friday.
Canada’s Food Price Report shows meat, pantry goods prices expected to rise “a lot” in 2026
Food prices are 27 per cent higher now than they were in 2020, the new Canada’s Food Price Report shows. Meat prices are particularly to blame for the rise.
Canada’s inflation in October eases to 2.2 per cent on lower gasoline, food prices
Canada’s annual inflation rate in October eased to 2.2 per cent as gasoline prices dropped, food prices eased and mortgage interest costs came down below the three per cent mark, data showed on Monday.
Canada’s Loblaw raises annual profit forecast on resilient grocery demand
Loblaw raised its annual profit forecast after beating third-quarter profit estimates on Wednesday, as the Canadian retailer bet on demand for grocery and medicines at its discount stores to remain resilient amid economic uncertainties.
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