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Overall online sales jump 160% in Q4 and 178% for full year Loblaw Cos. closed out its 2020 fiscal year on a high note as food retail comparable sales rose nearly 9% and e-commerce sales more than doubled in the fourth quarter. At the bottom line, Canada’s largest food and drug retailer edged atop analysts’ earnings projection for both the quarter and fiscal year. For the 13-week fourth quarter ended Jan. 2, retail sales were $13.04 billion (Canadian), up 15.2% from $11.32 billion a year earlier, Loblaw reported yesterday. Excluding the quarter’s extra week versus last year, retail sales rose 7.5% to $12.17 billion, the company said. Food retail sales climbed 16.9% to $9.3 billion from $7.96 billion. Backing out the quarter’s 13th week, sales were up 8.8% to $8.67 billion. Same-store sales, comparing 12-week quarters, increased 8.6% year over year. Brampton, Ontario-based Loblaw noted that sales continued at elevated levels due to the COVID-19 crisis, ....