RE: At this rate of declineThe company in my opinion started its decline when Serge left. He was the mastermind and controller behind Loblaws success these past few decades. Once he left there were alot of people in the company that didn't like him and were relieved when he left thinking that they could continue in his footsteps. He could tell you every thing about a single store big or small. Yes he was ruthless but a very smart man if he was president he would of never let the company fall into its major problems its had to deal with.