Sobeys CEO is ready for grocers' code of conduct

news via Financial Post - Top Stories

The chief executive of Canada’s second-largest supermarket chain criticized two of his chief competitors on Wednesday for foisting a set of “repugnant” new fees on suppliers. Michael Medline at Empire Co. Ltd. — which owns Sobeys, Safeway and FreshCo — said the fees announced by both Walmart Canada and Loblaw Cos. Ltd. will hurt manufacturers, farmers and smaller grocers, and threaten to drive up prices for consumers. ...

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