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Industry NewsLoblaw agrees to support a Grocery Code of Conduct

Loblaw agrees to support a Grocery Code of Conduct

Per Bank at Loblaw Companies’ Supplier Summit making the announcement on the Grocery Code of Conduct.

Loblaw Companies has agreed to support a Grocery Code of Conduct following six months of negotiations.

In an announcement on May 16, made at the company’s Supplier Summit with more than 1,300 suppliers, the grocery chain affirmed its support following a series of discussions held with the code interim board and working group over the past six months.

Galen Weston at the Loblaw Supplier Summit.

“We have worked intensively and collaboratively with industry groups so that the Code is clearly drafted and fair for all industry participants,” says Per Bank, president and CEO of Loblaw. “We believe in the value of a code of conduct for the industry and are happy with the progress made. The Code now requires the participation of all major retailers and suppliers to help bring in a new era for Canada’s grocery industry, enhancing the relationship between retailers and suppliers, who both exist to best serve customers.”

“It is welcome news that Loblaw has agreed to participate in the Grocery Code of Conduct,” says Michael Graydon, chair of the Interim Board for the Code of Conduct. “Within a very complex food system, the vision for the Code has always been based on a fully inclusive, voluntary Code, developed by the grocery industry and managed by its stakeholders across the supply chain. We are one step closer to the implementation of the Code as we continue to work with all industry partners to ensure we have maximum participation by all stakeholders.”

The final part of this process will be for all major industry participants to sign the code.

The code’s development has taken more than two years, and organizations within the grocery industry—including retailers, processors, and manufacturers—have collaborated to ensure support across the entire supply chain.

Loblaw says the consultation’s main focus was on developing a code that works for small suppliers, consumers, and the industry.

The target date for the code to take effect is June 1, 2025.

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