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Loblaw Companies Ltd T.L

Alternate Symbol(s):  LBLCF | T.L.PR.B | LBLPF

Loblaw Companies Limited is a Canada-based food and pharmacy retailer. The Company provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services. The Company’s segments include Retail and Financial Services. The Retail segment consists primarily of corporates and franchise-owned retail food and Associate-owned drug stores, which includes in-store pharmacies, health care services and other health and beauty products, apparel and other general merchandise. The Financial Services segment provides credit card and everyday banking services, the PC Optimum Program, insurance brokerage services, and telecommunication services. Its brands include Joe Fresh, no name, President's Choice and others.


TSX:L - Post by User

Bullboard Posts
Post by julian88on Dec 04, 2007 8:03pm
184 Views
Post# 13915779

cutting costs is not the answer

cutting costs is not the answerToo many people talk about cutting costs and don't really know what there talking about. For one the cost cutting measures that they have done already in the last 2 years is a big reason why they are in the place they are in now. The west is where they are making the money and they think the east has all the answers on how to run there stores. They have very poor grocery merchandisers that have no concept on how to merchandise and make good gross margins. No real new blood. the new team are made up of the old dogs that don't know any different because thats all they know and have been taught. i will say it again once the General left "SERGE" this company sunk. I have covered my short position and think the company has a good realestate position and need a new team to lead before it will move again.
Bullboard Posts