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Industry NewsWalmart and Costco stealing food market share

Walmart and Costco stealing food market share


General merchants Walmart and Costco increased their share of the food market in Canada in 2017 at the expense of traditional grocery retailers like Sobeys, Metro and Loblaw, according to a recent report from Kevin Grier Analysis and Consulting. Quoted in the Financial Post, the report also notes that in 2017, retail food sales in Canada rose four per cent to $98 B.

Read the Financial Post article here.

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