Opinion: Grocery discounts in Canada should be examined for collusion thestarphoenix.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestarphoenix.com Daily Mail and Mail on Sunday newspapers.
Loblaw s decision to scale back 50 per cent discounts may seem like a strategic move, but it raises concerns about the industry s approach to pricing coordination. As consumers, we should expect more innovation and transparency from our grocery stores, not just mirroring the competition.
In a move that has generated widespread discontent among Canadian consumers, Loblaws, one of the country's largest grocery chains, has announced a significant reduction in discounts on expiring foods. A previous policy offering 50% off has been scaled back to 30%, disadvantaging budget-way shoppers, especially in the current climate of soaring food prices.
Loblaw s decision to scale back 50 per cent discounts may seem like a strategic move, but it raises concerns about the industry s approach to pricing coordination. As consumers, we should expect more innovation and transparency from our grocery stores, not just mirroring the competition.